Evening Update 10-5-2016.

1. JNUG is extremely oversold.
2. NEM, NUGT, SLV and UGLD are at the average oversold level.
3. IAU, IDA, MCD, O, PEG, RGLD, SHAK, SLW and SYY are moderately oversold.
4. X is attempting to hold the 65 day.
5. LOW is up against the 28 day.
6. JDST and MED are moderately overbought.
7. UGA is at the average overbought level.
8. MSFT is setting up to break out in either direction.
9. Anything posted here me be off base.