Morning Update May 19, 2017.

1. Yi: +9.0
2. GE, I, P, SIRI and $USD are attempting to bottom out.
3. X is extremely oversold.
4. CTB, CW, DFS, HMC, NCR and POT are at the average oversold level.
5. AXP, BWA, CNK, CSCO, CSIQ, CSL, CVS, DIS, FAST, F, GM, GT, HBI, HSNI, IWM, IYG, JPM, MDY, MET, $NYA50R, PHI, PRU, SNA, SYMC, UGP, $UST30Y, UYG, VFC, VOX and WFC are moderately oversold.
6. BAC, $HGX, SCHB, TSLA and XLY are attempting to hold rising trend line support.
7. AET, BRKS and COST are attempting to hold the 65 DMA.
8. BABA, CAT, FB and HPQ are attempting to hold the 28 day.
9. CEF and $GOLD are up against the 28 day.
10. FXF and $VIX are moderately overbought.
11. RRGB is at the average overbought level.
12. AEM and RAI are possibly forming a top at this level.
13. Anything posted may be off base.