Friday, December 9, 2016

Early Morning Update 12-9-2016.


  1. NUS is oversold.
  2. I is moderately oversold.
  3. LPL, MKC and SPWR are up against falling trend line resistance.
  4. PEP and PG are up against the 28 DMA.
  5. QCLN is up against rising trend line resistance.
  6. ATI, BGS, COST, CREE, CWI, $DJW, EFV, EWI, F, FNDF, GLW, GM, GPC, HPQ, JCP, LEN, LOW, MSI, RAIL, T, VOX, WHR, WY, YUM and YYY are moderately overbought.
  7. B, BA, CAKE, CVY, DIS, IP, MOS, S, SCHB, $SPX, WEN, WFC and X are at the average overbought level.
  8. C is extremely overbought.
  9. CHK, CLF, CREE and DB are a bit toppy here.
  10. BAC has gone parabolic.
  11. Anything posted here may be off base.

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