Saturday, May 16, 2015

Update for the open of May 18, 2015.

  1. Yi: +8.2
  2. Trying to bottom out here: AVP, BGS, DUST
  3. Moderately oversold: CMG, F, PEGI, UUP, VFC
  4. Oversold: IDA and JDST
  5. Attempting to hold the 65 DMA here: FCX and OIL
  6. Attempting to hold the 28 day: MAT and SHAK
  7. Up against the 65 day: CVI
  8. Up against the 28 day: IP and SYY
  9. Moderately overbought: $XAU, ABX, DBP, EWI, FEU, FNDF, FXE, GDX, JNUG, JPM, MED, MKC, NEM, NUGT, RGLD, SCHF, SEE, SIVR, SLV, V, VGK, ZNGA
  10. Overbought: GT and NTES
  11. Toppy here: AEM and GT
  12. A break out in either direction is on the way for: RJR
  13. Anything posted here may be off base.

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