Early Morning Update July 13, 2016.

1. Now up against falling trend line resistance: BA, GDDY, HSNI, NOK
2. Now up against the 65 day moving average: CSIQ
3. Up against the 28 day moving average: TKR
4. Up against rising trend line resistance: EBAY
5. Moderately overbought now: CAKE, DIS, EWA, F, FNDF, GM, GOOG, HPQ, IP, JPM, LOW, MCD, MED, PYPL, QCLN, RAIL, TSL, TSLA
6. At the average overbought level: CLF and S
7. Extremely overbought now: EROS
8. Toppy here: COST CSCO, CSL, HSNI, NTES, PEP, YYY
9. A possible top may be in place for: BGS, GFI, GPC, JNUG, RGLD, SLW, SYY
10. A break out in either direction is on the way for: PHI
11. Anything posted here may be off base of course, depending on market conditions.