Early Morning Update September 9, 2016.

1. WFM is moderately oversold.
2. OIL is up against falling trend line resistance.
3. JCP and JNJ are up against the 65 day moving average.
4. O, VOX and XON are up against the 28 day moving average.
5. PEGI, SLW and YYY are moderately overbought.
6. STX and SYMC are at the average overbought level.
7. INTC, IP and P are a bit toppy here.
8. MSFT is setting up to break out either up or down.
9. Anything posted here may be off base, depending on market conditions.