Early Morning Update 10-27-2016.

1. JNJ may be forming a bottom here.
2. FXF, GPC and SEE are attempting to bottom out in this area.
3. LOW is extremely oversold.
4. CAT, CHK, MMC and RAIL are moderately oversold.
5. GM is trying to hold rising trend line support.
6. MET is attempting to hold the 65 DMA here.
7. NCR is moderately overbought.
8. MED and $USD are possibly forming a top in this area.
9. B is setting up to break out either up or down.
10. Anything posted may be off base.