Evening Update August 15, 2016.

1. Moderately oversold: SHAK and X
2. Trying to hold rising trend line support: GOOG
3. Attempting to hold the 65 DMA here: RGLD
4. Attempting to hold the 28 DMA here: P
5. Up against falling trend line resistance: NFLX
6. Up against the 65 DMA here: LEN
7. Up against rising trend line resistance: YYY
8. Moderately overbought here: EWI, FNDF, PYPL
9. At the average overbought level: JCP, PG, SHLD
10. A break out in either direction is on the way for: GE
11. Anything posted here could be light years off base, depending on market conditions.