Morning Update June 7, 2017.

1. Yi: +11.0
2. CHK, $CRB, OIL and RYE are possibly bottoming out.
3. CLF, COPX, DBC, $GASO, JJN, RJI, SGG, USL, $VIX, $WTIC, XLE and $XOI are attempting to bottom out.
4. $SUGAR is extremely oversold.
5. SMG is oversold.
6. UGA is moderately oversold.
7. BBGI, EBAY and MSI are moderately overbought.
8. LPL is overbought.
9. B, COST, DRI, HAS, KO, MSFT, NFLX, Q, QLD, SFTBY and WHR are getting toppy.
10. AFL, ITW, MMC, NDX, PYPL, SCHD, SCHX, SBUX, $SPX, V and VOT are possibly forming a top.
11. I and X are setting up to break out either up or down.
12. Anything posted may be off base.