T.A. Opinions for July 16, 2012.

1. Yi: +7.25
2. A possible bottom here for: $DJGSP
3. Now attempting to bottom out: $GOLD, $IIX, A, AA, AAUKY, ACH, AEM, ARMH, AVP, CAT, CLF, CREE, CSCO, EGO, F, FCX, FXI, GDX, GG, JCP
4. Average oversold: CLF, F, GLW, MM, SWK
5. Moderately oversold: $DJW, AA, AAUKY, AMAT, CSCO, EGO, ELY, FCX, HSH, IRF, RAIL
6. Attempting to hold the 65 DMA here: AXP
7. Attempting to hold the 28 day: CHK, CTB, EWJ, FB
8. Now up against the 65 day moving average: $GASO, KBE, QQQ, VFC
9. Up against some falling trendline resistance: QCOM
10. Moderately overbought: MED, NFLX, PEG, SCHH, UGA, USB, V, WFC, WSO, XLU
11. Average overbought: WOR and WY
12. Toppy here: $USD and WOR
13. A break out in either direction is on the way for: $GOLD-weekly, $PLAT, EEFT
14. Anything posted here may be off base, and there may be some more opinions later.