Morning Update May 9, 2017.

1. Yi: +10.6
2. $CRB, $GOLD and PAG are attempting to bottom out.
3. HMC and VFC are up against the 28 DMA.
4. LOW, SCHX and $SPX are up against rising trend line resistance.
5. SHAK abd SYY are moderately overbought.
6. APD, COH, NOK and Z are at the average overbought level.
7. GF is extremely overbought.
8. HRB, IR, SBUX and YUM are toppy.
9. GT, JPM, SHLD, TGS and UYG are setting up to break out either up or down.
10. Anything posted here may be off base.