Wednesday, January 20, 2016

LDU 1-20-2016

  1. Yi: -5.8  The market is solidly, but not yet extremely oversold, and is trying it's best to bottom out in this area at least for the short term. No guarantees of course. 
  2. Now trying to bottom out: AMCC, IJH, IJR, NCR
  3. Extremely oversold: $DJW, $HGX, $NDX, $XAU, XOI, AA, ATI, BA, CHK, CSIQ, DB, DBC, DBO, EWI, HPQ, IYG, PHI
  4. Oversold: $DJGSP, CAT, CNK, CSCO, GG, IP, JNUG, LEN, LPL, MDY, MTH, NUGT, NUS, PEGI, PTEN, XLK
  5. Moderately oversold: $UST30Y, ASA, AVAV, BGS, DM, FB, GDDY, GDX, GLW, GOOG, IDA, MAT, MKC, MSFT, NEM, PEP
  6. Up against the 28 DMA here: CORN
  7. Moderately overbought: DUST and JDST
  8. A break out in either direction is on the way for: $SILVER 

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