1. Yi: +9.7, +9.6, +10, +10, +10, +10, +9.9
2. A possible bottom here for: $VIX, $VXO, DM
3. Trying to bottom out: FAZ
4. Up against the 65 DMA here: ABX and CREE
5. Up against the 28 day: $XAU, ANF, EWA, GDX
6. Moderately overbought: $GASO, $XOI, ACAS, B, DBB, DBO, FNDF, GE, GLW, GPC, HPQ
7. Overbought: $BDI, $DJW, $HGX, $MOX, AA, ATI, AXP, CAT, DDM, FCX, GF
8. Toppy here: CSL, DDM, DVY, FNDB, FNDX
9. A probable top in place for: $DJX, $OEX, $SPX, ARMH, CAT, GOOG
10. Anything posted here could be off base.
For those of you who have inquired, the "Yi" is my own proprietary overbought/oversold indicator. A +10 reading generally indicates we are overbought in the overall market, and -4 or a -5 reading is telling us the market is a bit oversold. The "zero line" in between the plus and minus readings will sometimes act as an area of support or resistance, so I tend to keep an eye on that level also. A reading of +20 is extremely overbought, and a -10 indicates the market is extremely oversold.
Monday, December 30, 2013
Wednesday, December 18, 2013
Thursday, December 12, 2013
Late day update 12-12-2013.
1. Yi +9.2
2. Trying to bottom out: CTB
3. Moderately oversold: ACH and COST
4. Attempting to hold the 65 DMA here: $XOI, ATI, B
5. Up against the 28 day: $GOLD
6. Up against the 65 day: $CRB, $SILVER
7. Moderately overbought: $VXO
8. Toppy here: A
9. A break out in either direction is on the way for: CHK
10. Anything posted here may be totally inaccurate.
Tuesday, December 10, 2013
Late day update 12-10-2013.
1. Yi: +9.5, +9.4, +9.2, +9.8, +10
2. Possible bottom here for: $DJGSP, $XAU, CDE, EGO, GDX, GG
3. Trying to bottom out: $SILVER
4. Attempting to hold the 65 DMA here: ELY
5. Attempting to hold the 28 day: EEFT
6. Moderately overbought: $BDI, $WTIC, A, CAT, CSL
7. Anything posted here may be in error.
Friday, November 22, 2013
Late day update 11-22-2013.
1. Yi: +10, +9.7, +9.5, +9, +9.7
2. A possible bottom here for: $CRB, $WTIC, AVP, DBB
3. Trying to bottom out here: CREE and RJI
4. Oversold: $GOLD, $SILVER, $XAU, AGQ, NUGT, SIVR, SLV, TSLA, UGLD, USLV
5. Moderately oversold: $DJGSP, $PLAT, AEM, CAT, DGP, EGO, GG, GLD, IAU, NCR, SLW
6. Attempting to hold the 65 DMA here: $USD, AMAT, B, CNK, LOW, PBW
7. Attempting to hold the 28 day: $DJW, $MOX, BA, GIS, HPQ, MOS, ROK
8. Up against the 28 day: DBO and MM
9. Up against the 65 day: CHK
10. Moderately overbought: DGLD, DUST, HSH, IP, UGA, USB, TSL
11. Overbought: DSLV, JDST, JPM, PTR, SHU, YAO
12. A break out in either direction is on the way for: F, FB, TSL
13. Anything posted here may be off base.
Tuesday, November 12, 2013
Late day update 11-12-13.
1. Yi: +9.9
2. Trying to bottom out: CREE
3. Oversold: CTB
4. Attempting to hold the 65 DMA here: FB
5. Attempting to hold the 28 day: EGO and FCX
6. Up against the 28 day: CORN
7. Anything posted here may be off base.
2. Trying to bottom out: CREE
3. Oversold: CTB
4. Attempting to hold the 65 DMA here: FB
5. Attempting to hold the 28 day: EGO and FCX
6. Up against the 28 day: CORN
7. Anything posted here may be off base.
Monday, November 11, 2013
Late day update 11-11-2013.
1. Yi: +9.8, +8.8, +9.7
2. Trying to bottom out: $CRB, ANF, CDE
3. Oversold: CDE
4. Moderately oversold: $XAU, ACH, AGQ, CHK
5. Attepting to hold the 65 DMA here: $HGX, A, AEM, ARMH
6. Attempting to hold the 28 day: $DJW, $DJGSP, AA
7. A break out in either direction is on theway for: AAPL
8. Anything posted here may be off base.
Wednesday, November 6, 2013
Late day update 11-6-2013.
1. Yi: 9.5, 9.7, 9.5
2. Trying to bottom out: $GASO, AVP, RJA
3. Oversold: $CRB
4. Moderately oversold: AGQ, C, DBA, DBC, DBO, PHI
5. Attempting to hold the 65 DMA here: $BDI, $HGX, F
6. Attempting to hold the 28 day: $GOLD, CNK, DGP, EFV, EWI, FNDF, GDX, IAU, ROK
7. Up against the 28 day: DGLD
8. Up against the 65 day: $USD
9. Moderately overbought: QCLN
10. Toppy here: AVAV, CAKE, CLF
11. A break out in either direction is on the way for: A
12. Anything posted here may be way off base.
Friday, November 1, 2013
Late day update 11-1-2013.
1. Yi: +9.7, +9.5
2. Trying to bottom out: AKAM
3. Oversold: AVP and MED
4. Moderately oversold: $BDI, AKAM, CAT, RJA
5. Attempting to hold the 65 DMA: ACH
6. Attempting to hold the 28 day: DM, MOS, QCLN, SCHH
7. Up against the 28 day: DGLD
8. Moderately overbought: INTC and IRF
9. Overbought: CWI and SPLV
10. Toppy here: AVAV
11. Anything posted here may be off base.
Wednesday, October 23, 2013
Late day update 10-23-2013.
1. Yi: +9.6, +10
2. Moderately oversold: DGLD, DSLV, DUST
3. Up against the 28 DMA here: EGO
4. Up against the 65 day: $XAU and DGP
5. Moderately overbought: $DJGSP, $DJX, $HGX, AA, ABX, ACH, AGQ, AU, CLF, CNK, DDM
6. Overbought: $NYA50R, ACAS, CSL, CWI, DVY, EEFT
7. Toppy here: $DJW, $IIX, $OEX, $SPX, $XOI, AAPL, AXP, AXP, B, BMY, EFV
Anything posted here may be way off base.
Monday, October 21, 2013
Market overbought again.
Yi: +9.6
The market is now overbought once again and due for another correction. YZ
Thursday, October 17, 2013
Late day update 10-17-2013.
1. Yi: +9.2
2. A possible bottom here for: $PLAT
3. Trying to bottom out: EGO
4. Moderately oversold: $SILVER, $VIX, $VXO
5. Up against the 65 DMA here: MED
6. Up against some falling trendline resistance: AGQ
7. Moderately overbought: $DJX, $OEX, C, CAKE, DBA, DDM, ELY, GOOG, JPM, PEP, PTR
8. Toppy here: ARMH, B, CREE, NCR
9. A break out in either direction is on the way for: NTES
10. Anything posted here may be way off base.
Wednesday, October 16, 2013
Late day update 10/16/2013.
1. Yi: +6.5, +8, +8.4, +8.7, +8.3
2. Trying to bottom out: $GOLD, $XAU, AEM
3. Oversold: NUGT
4. Moderately oversold: ABX, AGQ, DGP, GG, IAU
5. Up against the 28 DMA: IDA and MED
6. Moderately overbought: $NYA50R, AAPL, AVAV, AXP, CAT, CLF, CREE, DM, DUST, DVY, IIY, MSFT
7. Overbought: EEFT and EGPT
8. A break out is on theway for: CAKE
9. Anything posted here may be way off base of course.
Thursday, October 10, 2013
Late day update for 10/10/2013.
1. Yi: +7.7, +6.6
2. Trying to bottom out: ANF, GDX, IP
3. Oversold: $XAU, CDE, EGO
4. Moderately oversold: $DJGSP, $DGX, $HGX, $NYA50R, $SPX, $USD, CSCO, GM, GOOG
5. Attempting to hold the 65 DMA: AAUKY, CSL, LMT
6. Attempting to hold the 28 day: A, BA, FB, FCX, IWM
7. Up against the 28 DMA: $SILVER
8. Moderately overbought: DUST
9. Overbought: EGPT
10. Anything posted here may be way off base.
Wednesday, October 2, 2013
Late day update 10/2/13.
1. +8.3
2. Trying to bottom out: $XAU, AEM, AGQ, AVP
3. Anything posted here may be way off base.
Tuesday, October 1, 2013
Late day update for 10/1/13.
1. Yi: +7.8
2. Trying to bottom out: ANF, HSH, JCP
3. Oversold: CDE and MBI
4. Moderately oversold: $DJX, C, GIS, IP, KRFT, PEP, PG
5. Attempting to hold the 65 DMA here: $OEX, AA, AXP, BGS, BLL, DVY, ELY, F, FCX, GE, GM, SCHD
6. Attempting to hold the 28 day: $DJX, $OEX, $SPX, $XOI, AA, AVP, AXP, BGS, DDM, FNDB, FXI, GM, GXC, MM, SCHA
7. Up against the 28 day: CTB
Anything posted here may be way off base.
Monday, September 30, 2013
Late day update for 9/30/13.
1. Yi: +8.2
2. Extremely oversold: JCP
3. Moderately oversold: $PLAT, ANF, CAT, CSCO
4. Attempting to hold the 65 DMA here: $SPX and CLF
5. A possible top here for: $BDI
6. A break out in either direction is on the way for: ABX and AGQ
7. Anything posted here may be way off base.
Friday, September 27, 2013
Late day update for 9/27/13.
1. Yi: +8.5
2. Attempting to hold the 65 DMA here: BGS, COST, DBO
3. Overbought: AMAT and EGPT
4. Extremely overbought: $BDI
5. Toppy here: CWI
6. A break out in either direction is on the way for: ABX and USLV
7. Anything posted here may be off base.
2. Attempting to hold the 65 DMA here: BGS, COST, DBO
3. Overbought: AMAT and EGPT
4. Extremely overbought: $BDI
5. Toppy here: CWI
6. A break out in either direction is on the way for: ABX and USLV
7. Anything posted here may be off base.
Thursday, September 26, 2013
Late day update for 9/26/13.
1. Yi: +8.3
2. Now trying to bottom out: HPQ, HSH, JCP
3. Moderately oversold: GIS and KRFT
4. Attempting to hold the 28 DMA here: PEP
5. Up against the 65 day: IDA
6. Moderately overbought: MED, STX, YAO
7. Overbiught: NCR, RSP, TSL
8. A break out in either direction is on the way for: GLD and IAU
9. Anything posted here may be way off base.
Wednesday, September 25, 2013
Late day update for 9/25/13.
1. Yi: +8.5
2. Trying to bottom out: AEM
3. Moderately oversold: $WTIC, $XAU, C, CDE, CTB, EGO
4. Attempting to hold the 28 DMA here: CHK and CSCO
5. Moderately overbought: DUST
6. Overbought: BA, CWI, FB
7. Anything posted here may be way off base.
Tuesday, September 24, 2013
Late day update for 9/24/13.
1. Yi: +8.9
2. Moderately oversold: $XAU and AEM
3. Trying to hold rising trendline support: ABX
4. Attempting to hold the 65 DMA here: $DJGSP, AGQ, AVAV
5. Attempting to hold the 28 day moving average: AAUKY and ACH
6. Up against the 28 day: AAPL
7. Anything posted here may be off base.
Friday, September 20, 2013
Late day update 9/20/2013.
1. Yi: +9.7
2. Trying to bottom out: $VIX and $VXO
3. Moderately oversold: $USD
4. Up against the 28 DMA: $GOLD
5. Up against the 65 day: CSCO
6. Moderately overbought: AVP
7. Overbought: $NYA50R, B, BMY, CWI
8. A possible top here for: $DJW, $IIX, $OEX, $SPX, $XOI, AKAM, ARMH, ATI, AXP, BA, CAKE, CHK, CNK
9. Anything posted here may be way off base.
Wednesday, September 18, 2013
Friday, September 13, 2013
Late day update, 9/13/13.
1. Yi: +9
2. Attempting to hold the 65 DMA here: ABX
3. Anything posted here may be way off base,
Thursday, September 12, 2013
Late day update 9/12/13.
1. Yi: +8.5, +8.9, +9.2
2. Oversold: $GASO
3. Moderately oversold: $VIX and $VXO
4. Attempting to hold the 28 DMA here: $GOLD and $SILVER
5. Moderately overbought: $DJX, $HGX, $NYA50R, $OEX, $SPX
6. Possible top here for: $DJW and $IIX
7. Anything posted here may be way off.
Tuesday, September 10, 2013
For the open of 9/10/13.
1. Yi: +7, +7.8, +7.9, +7.8
2. Trying to bottom out: HSH, IDA, MSFT, VOX
3. Moderately oversold: $GASO
4. Attempting to hold the 65 DMA: CNK
5. Attempting to hold the 28 day: $GOLD and UUP
6. Up against the 28 day: EEFT and TSLA
7. Up against the 65 day: AU the USCI-weekly chart.
8. Moderately overbought: DM, WY, X, XLE, XOP
9. Overbought: SHI
10. Extremely overbought: FB
11. A breakout in either direction is on the way for: $DJGSP, $XAU, ABX, GDX, HPQ, NUGT, RAIL
2. Trying to bottom out: HSH, IDA, MSFT, VOX
3. Moderately oversold: $GASO
4. Attempting to hold the 65 DMA: CNK
5. Attempting to hold the 28 day: $GOLD and UUP
6. Up against the 28 day: EEFT and TSLA
7. Up against the 65 day: AU the USCI-weekly chart.
8. Moderately overbought: DM, WY, X, XLE, XOP
9. Overbought: SHI
10. Extremely overbought: FB
11. A breakout in either direction is on the way for: $DJGSP, $XAU, ABX, GDX, HPQ, NUGT, RAIL
Anything posted here could be way off base.
Thursday, August 29, 2013
Update for the open of August 29, 2013.
- Yi: +6.8
- Trying to bottom out: $DJX, CREE, HPQ
- Extremely oversold: ANF
- Oversold: $DJX, CREE, PHI
- Moderately oversold: $DJW, $NYA50R, $OEX, AVP, AXP, C. CSCO, CTB, DDM, GE, GOOG, HPQ, JDSU, JPM, MED, SNDK, WFC, WSO, XLP
- Attempting to hold the 65 DMA here: $IIX, BA, CAKE, EFV, IWM, KBE, MMC, PAYX, SCHA, SCHG, VIS, VOT
- Attempting to hold the 28 day: CLF
- Moderately overbought: $VIX, $VXO, $WTIC, DBC, VFC
- Overbought: $SILVER
- Extremely overbought: TSLA
- Toppy here: $GOLD, AGQ, SIVR, SLV, USLV
- Anything posted here may be way off base.
Wednesday, August 28, 2013
Update for the open of August 28, 2013.
- Yi: +7.6, +6.5
- Now trying to bottom out: DUST
- Oversold: DGLD and DSLV
- Attempting to hold the 28 DMA here: SHI
- Moderately overbought now: $CRB, $DJGSP, DGP
- Overbought: AGQ, NFLX, SNR, USLV
- Toppy here: $PLAT, $XAU, CHK, OCR, SLW
- A possible top here for: FB and NTES
- Anything posted here may be way off base.
Monday, August 26, 2013
Late day update for August 26, 2013.
- Yi: +8
- Trying to bottom out: HPQ and PTR
- Oversold: DSLV and ZSL
- Moderately oversold: PTR
- Attempting to hold the 65 DMA here: IP
- Up against the 28 day: PBW, SCHA, SCHM, UGA, USB, VOT
- Moderately overbought: EGPT, GDX, GLD, IAU, LMT, LOW, MSFT, OCR, SU, UGLD, XOP
- Overbought: TSLA and USLV
- Extremely overbought: NTES
- Toppy here: TSL
- A break out in either direction is on the way for: PAYX
- Anything posted here may be way off base.
Friday, August 23, 2013
Late day update for August 23, 2013.
- Yi: +7.2, +7.8
- Trying to bottom out: BMY
- Oversold: ANF
- Attempting to hold the 28 DMA here: DBA
- Anything posted here may be way off base.
Wednesday, August 21, 2013
Late day update for August 21, 2013.
- Yi: +7.5
- Now trying to bottom out: $DJX, ACAS, DDM, JPM, KRFT, MBI, NAT, PFF
- Attempting to hold the 65 DMA here: $DJW, $GASO, DVY, IWM, IYY, PG, PGH
- Attempting to hold the 28 day: CLF
- Moderately overbought now: $BDI and NFLX
- Overbought: NTES
- A bit toppy here: $PLAT and $SILVER
- A break out in either direction is on the way for: ARMH and CAKE
- Anything posted here may be way off base.
Tuesday, August 20, 2013
Late day update for August 20, 2013.
- Yi: +7.4
- Oversold: ZSL
- Moderately oversold: SCHC, SNDK, STX, UYG, V, VOX, WY, XLU
- Attempting to hold the 65 DMA here: SCHA, SCHM, VBR, VOT, WDC, WFC, WOR, WSO, X, XLY, XOP
- Attempting to hold the 28 day: SEE
- Up against the 65 day: RJA
- A bit toppy here: SIVR
- Anything posted here may be way off base.
Monday, August 19, 2013
Late day update for August 19, 2013.
- Yi: +7.8
- Trying to bottom out: BMY, COST, CREE, DSLV, DUST, PEP
- Oversold: DSLV
- Moderately oversold: ANF, AVP, DGLD
- Tying to hold some rising trendline support: GM
- Attempting to hold the 65 DMA here: F, GM, PG, RAIL
- Attempting to hold the 28 day: AKAM, ARMH, EEFT, PAYX
- Up against the 28 DMA here: QID
- Moderately overbought now: $CRB, $GOLD, $SILVER, DBC, IAU, NTES, UGLD, USLV
- Toppy here: $XAU, AGQ, CDE, DBS, EGO, EWI, GDX, GG, NCR
- Going parabolic: AAPL
- Anything posted here may be way off base.
Friday, August 16, 2013
Late day update for August 16, 2013.
- Yi: +8.1
- Now trying to bottom out: $HGX
- Oversold: MM and TSL
- Moderately oversold: $DJX, BMY, COST, CREE, DDM, GOOG, GPC, INTC, JDSU, JPM, KRFT, MBI, MED, PEG, PEP, PFF, V
- Attempting to hold the 65 DMA here: BA, ONXX, QCLN, SCHB, SCHX, UYG, VFC, WSO, XLF, XLY
- Attempting to hold the 28 DMA here: CSL
- Up against the 28 day: $GASO and UGA
- Up against the 65 day: AU and FAZ
- Moderately overbought now: $DJGSP, $XAU, A, ABX, AEM, AGQ, DBO, DGP, GDX, GG, GLD, GXC, NUGT, RJI, SLV, SU, USO
- Overbought: EGO, NCR, SLW
- Toppy here: AAPL and GF
- Anything posted here may be way off base.
Wednesday, August 14, 2013
Late day update for August 14, 2013.
- Yi: +9.3
- Moderately oversold: MBI, SCHH, VEU, ZSL
- Up against the 65 DMA here: $GOLD, ACH, DBC
- Moderately overbought: $CRB, ARMH, CAT, EWA, FXI, MSI, PTR, RJZ, SHI, SIVR, WDC, X, XLB
- Overbought: AAPL, SWK
- A break out is on the way for: AKAM, EWJ, GLW, $XOI
- Anything posted here may be way off base.
Tuesday, August 13, 2013
Late day update for August 13, 2013.
- +9.2
- Oversold: DUST
- Moderately oversold: NTES and SHLD
- Attempting to hold the 65 DMA here: JPM
- Attempting to hold the 28 day: KBE
- Up against the 28 DMA here: DM, FAZ, RJA
- Up against the 65 day: DBC, DGP, GLD, IAU, NUGT
- Moderately overbought now: EGO, FCX, GG
- A break out in either direction is on the way for: PHI
- Anything posted here could be way off base.
Monday, August 12, 2013
Late day update for August 12, 2013.
- Yi: +9.6, +9.4, +9.5, +9.4
- Now trying to bottom out: $Corn
- Moderately oversold: $IIX and $USD
- Trying to hold some rising trendline support: $SPX
- Attempting to hold the 65 DMA here: $GASO and AMAT
- Attempting to hold the 28 day: $OEX, B, COST
- Up against the 28 DMA here: $VIX and ACH
- Moderately overbought now: $PLAT, AAUKY, ATI, CAKE, DBB
- Overbought: CLF
- A possible top here for: CNK
- Anything posted here could be way off base.
Saturday, August 3, 2013
TA opinions for the open of August 5, 2013.
- Yi: +10
- Extremely oversold: MOS
- Oversold: JCP and RJA
- Moderately oversold: $USD and X
- Attempting to hold the 28 DMA here: $GOLD, $SILVER, AGQ, AVP, EWA, IFN, MM, PEP, SIVR, SLV
- Up against rising trendline resistance: $SPX
- Up against the 65 DMA here: $CRB, CAT, SHLD, SNDK
- Moderately overbought: $WTIC, ANF, C, CSL, EGPT, EWI, GXC, PG, QCLN, SCHM
- Overbought: CHK, CREE, DVY, EEFT, FB, GF, GIS, IDA, IRF, IYY, OCR, PAYX, QLD, QQQ, ROK, SWK, VIS, VOT, WSO, XOP
- Extremely overbought: LMT
- A possible top here for: AKAM and GIS
- Has gone parabolic: LMT
- A break out in either direction is on the way for: $PLAT and NOK
- Everything posted here is just my TA opinion.
Wednesday, April 10, 2013
T.A. update for April 10, 2013.
- Yi: +10, +9.2, +9.4, +9, +9.3, +9.5
- Moderately oversold: $GASO
- Attempting to hold the 28 DMA here: $BDI
- Up against the 28 DMA: $HGX, AA, AEM
- Up against some falling trendline resistance: $GOLD
- Anything posted here may be off base.
Sunday, March 17, 2013
For end of day March 15, 2013.
- Yi: +10, +10, +9.8
- A possible bottom here for: AAPL
- Now trying to bottom out: CDE and X
- Extremely oversold: DM
- Oversold: CLF
- Moderately oversold: AKAM, CAT, GXC
- Attempting to hold the 65 DMA here: EEFT
- Attempting to hold the 28 day: NTES, PHI, SHI
- Up against the 28 day: $NYA50R, $WTIC, A, BGS, CNK, OCR
- Up against the 65 day: $CRB
- Moderately overbought: $HGX, $XOI, BLL, CTB, F, LMT, QCLN, SHLD, STX, VOX, WDC, XLB, XLE
- Overbought: CHK, HPQ, IWM, SCHA, SCHB, SEE, SFD, SNDK, VIS, VZ
- Toppy here: CSL, DDM, GPC, IYY, KRFT, ONXX, SCHD, SCHG, SCHX, UUP, VOT, XLY, XOP
- A possible top here for: ACAS, CREE, SEE
- A break out in either direction is on the way for: $DJGSP, AEM, AGQ, NCR
- Anything posted here may be off base.
Tuesday, March 12, 2013
Late day update for March 12, 2013.
- Yi: +10, +10
- A possible bottom here for: $VIX, JCP, QID
- Now trying to bottom out: $VXO, FAZ, NUGT
- Up against the 28 DMA here: $NYA50R, AA, ANF, MED, NCR, RJA
- Up against the 65 day: BLL and PTR
- Up against some falling trendline resistance here: $XAU
- Moderately overbought: $BDI, ATI, CHK, EFV, F, IFN, LMT, LOW, MOS, PGH, SHLD, TSLA, VGK, XLB, XOP, ZNGA
- Overbought: B, C, ONXX, WFC
- Extremely overbought: ACAS, BA, GPC
- Toppy here: DVY, EWJ, EXP, JDSU, KBE, NTES, SWK, VBR, VEU, VIS, WFC, WSO, XLF
- A possible top here for: $DJW, $DJX, $IIX, $OEX, $SPX, ACAS, AXP, C, CSCO, IP, IWM, IYY, JPM, SCHA, SCHB, SCHG, SCHX, UYG, VOT
- A break out in either direction is on the way for: $GOLD, $SILVER, CAT
- Anything posted here may be off base.
Thursday, March 7, 2013
For the open of March 7, 2013.
- Yi: +8, +8.3, +9.25, +9.3, +9.6, +10, +10
- A possible bottom here for: $GOLD, $XAU, ABX, AEM, AU, CDE, EGO
- Trying to bottom out: $CRB, SILVER, CLFM FCX, GG, GLD, IAU, JCP
- Extremely oversold: NUGT
- Oversold: AAPL, CLF, DGP, DM, EGPT, FAZ, MM
- Moderately oversold now: $VIX, $WTIC, AAUKY, DBC, DBO
- Attempting to hold the 65 DMA here: ELY and HOGS
- Now up against the 28 day: A and F
- Up against the 65 day: BGS
- Up against some falling trendline resistance: GDX and FXI
- Moderately overbought now: $DJW, $HGX, $IIX, $XOI, ARMH, BA, CAKE, COST, DVY, EXP, INTC, IWM, KRFT, LOW, MMC, PG, QQQ
- Overbought: $DJX, $OEX, $SPX, AXP, CREE, DDM, GIS, GOOG, GPC, HPQ, IDA, IP, IYY, JCP, MBI, MSI, PEP
- Toppy here: GLS, GOOG, HPQ, IP, IYY, KRFT, MBI, MSI
- A possible top here for: $USD, DUST, PEG
- A break out in either direction is on the way for: NCR
- Anything posted here may be off base.
Monday, February 25, 2013
Midday update for Feb. 25, 2013.
- Yi: +9, +8.4, +9.2
- Now trying to bottom out: AAPL and EGO
- Extremely oversold: $XAU and CLF
- Oversold: $GOLD, ABX, AEM, ASA, CEF, CPSL, EGO, GDX, GFI, GG, GLD, GTU, HMY, KGC, NEM, RGLD, SLV, SLW
- Moderately oversold: $CRB, $GOLD-weekly, $PLAT, AA, ACH, FCX, FXF, GM, LEN, NOK, X
- Attempting to hold the 65 DMA here: $IIX, $WTIC, BAC, CAT, EEFT, EXP, IWM, MTH, STX, TSL, WY
- Attempting to hold the 28 day: $VXO, PBW, PBY, TAN, TKR
- Up against the 65 day: LPL and PTR
- Up against falling trendline resistance: V
- Moderately overbought: CAKE, JPC, MKC, SYY
- Overbought: ACAS, B, GE, LUFK, PBCT, PEG, PEP
- Extremely overbought: UGP
- A break out in ether direction is on the way for: $BDI
- Anything posted here may be off base.
Thursday, January 24, 2013
Market overbought here.
The market is now "officially" overbought here once again, and due for some type of correction. YZ
Thursday, January 17, 2013
Late day update for January 17, 2013.
- Yi: +7.7, +7, +8.3, +9.6, +9.4, +9.9, +9, +9.4, +9.5, +10, +10, +9.9. +10, +10
- Now trying to bottom out: $GOLD, AGQ, AAPL
- Oversold: $VIX
- Moderately oversold: PEG and VZ
- Trying to hold some rising trendline support here: FXI
- Attempting to hold the 65 DMA: CLF, MMC, UGA
- Attempting to hold the 28 day: AA, EGPT, FCX, NFLX, VOX, WSO, X
- Up against the 28 day: $SILVER, AGQ, CORN, DGP
- Up against the 65 day: RJA
- Moderately overbought: PHI
- Overbought: $NYA50R-weekly, $PLAT, WDC
- Extremely overbought: $NYA50R
- Toppy here: $DJW, $DJX, IIX, $SPX, BGS, DDM, EEFT, EFV, EWI, WDC
- A possible top here for: ACAS
- A break out in either direction is on the way for: ABX and MED
- Anything posted here may be off base.