Late Day Update 12-12-2016.

1. Yi: +8.4
2. NIB may be forming a bottom here.
3. CL is up against the 28 DMA.
4. DPS and XLK are moderately overbought.
5. SNA is at the average overbought level.
6. FLO, HMC and NOV are toppy.
7. AMTD, BBBY, BWA, DF, IJH, IJR, IR, IWM, IYG, MDY, MSI, PAG, POT, PRU, SFTBY, SMH, STMP and WEN are possibly forming a top at this level.
8. Anything posted may be off base.