Nighttime Update August 22, 2016.

1. T and VOX are trying to bottom out at this level.
2. MCD is now oversold.
3. T and VOX are moderately oversold.
4. PYPL and SHLD are trying to hold rising rend line support.
5. NEM, SHLD and SLW are attempting to hold the 28 DMA here.
6. YYY may be forming a top at this level.
7. JPM is getting ready to break out in either direction.
8. Anything posted here may be off base depending on market conditions.