Morning Update May 11, 2017.

1. Yi: +10.8
2. BBGI, CANE, CLF, JNUG, RJI, SGG and $SUGAR are possibly forming a bottom in this area.
3. CW, DBC, NDAQ, P and $VIX are attempting to bottom out.
4. X is extremely oversold.
5. MGA, MTH and QVCA are moderately overbought.
6. TSM is at the average overbought level.
7. $NDX is extremely oversold.
8. B is toppy.
9. AAPL, GBTC, GF and GOOG are possibly forming a top in this area.
10. AXP, BMY, CAFE and CNK are setting up to break out either up or down.
11. Anything posted may be off base.