Morning Update June 5, 2017.

1. Yi: +11.35
2. UNG is oversold.
3. DB, DBC, DBO and HPE are moderately oversold.
4. C is attempting to hold the 28 DMA.
5. CW is up against the 65 DMA.
6. AFL, BWA, CIEN, GLW, GPC, GT, HRB, IJH, IJR, ITW, IWM, MDY, MKC, ORCL, PEG and SCHD are moderately overbought.
7. IDA, IYJ, MMC, VOX, WYN and YUM are overbought.
8. PYPL is extremely overbought.
9. GBTC and TSLA are toppy.
10. A is possibly forming a top.
11. MCD has gone parabolic.
12. CAKE, RAIL, TPX and USB are setting up to break out either up or down.
13. Anything posted may be off base.