Morning Update May 8, 2017.

1. Yi: +10.6
2. GG is possibly forming a bottom at this level.
3. ABX, DBC, FCX, GDX, MAT, MTSI, NUGT, POT, PTEN, SLW, T, UGA, $XAU, XLE and $XOI are attempting to bottom out.
4. AGQ, BBGI, $CRB, $GASO, JNUG, OIL, SIVR, $SILVER, SLV, USL and USO are at the average oversold level.
5. ATI, CPER, $COPPER, CW, DBP, GLDI, $GOLD, IAU, O, PAG and VOX are moderately oversold.
6. FXI, MTH and $PLAT are attempting to hold rising trend line support.
7. AXP and CVY are attempting to hold the 28 DMA.
8. MET and MKC are up against falling trend line resistance.
9. AIG, FXF, KO and SNAP are moderately overbought.
10. MCD is extremely overbought.
11. COST and GOOG are toppy.
12. NFLX and V are possibly forming a top at this level.
13. GBTC has gone parabolic.
14. JNJ and M are setting up to break out either up or down.
15. Anything posted may be off base.