Wednesday, August 31, 2016

Late Day Update August 31, 2016.


  1. Yi: +5.3
  2. NIB and SOYB are now trying to bottom out.
  3. WEAT is extremely oversold here.
  4. ABX, ANF, AU, BMY, CORN and $XAU are oversold.
  5. AEM, COPX, COST, $DJGSP, JJG and NIB are moderately oversold.
  6. WFC is moderately overbought.
  7. BAC, C, and IYJ are at the average overbought level.
  8. BAC, C and IYJ are a bit toppy here.
  9. SMH is forming a possible top in this area.
  10. Anything posted here may be off base, depending on market conditions.  

No comments: