- Yi: +1.88
- Now trying to hold some rising trendline support: $VIX
- Up against falling trendline resistance: A and CAKE
- Up against the 28 day: CHK and FUQI
- Up against the 65 DMA here: B
- Anything posted here may be off base.
Tuesday, June 1, 2010
T.A. update for June 1, 2010.
Friday, May 28, 2010
T.A. update for the open, May 28, 2010.
- Yi: +2.55
- Moderately oversold: PRBLX and PRBLX-weekly.
- Up against the 28 DMA here: SLW
- Now up against some falling trendline resistance: $DJW, $HGX, A, AA, ACAS, AXP, B, BAC, BPOP, BPZ, CBZ, CHK, COGO, DM, ELY, ENER, EWA, GE, GF, GMR, GPC, HCBK, JASO, LEN, LPL, MEOH, MMC, NAT, NEM, NM, NTES, PHI, PLL, PTR, QLD, QQQQ, RJA, RJZ, SDTH, SUN, SWK, USD, WFC, WY, XOP, YGE
- Up against the 65 day moving average: AMAT, ASA, C, CAT, CTB, LOW, LPL, RBS, SHI, SSRI, URE
- Moderately overbought now: $GOLD, COST, EGO, FRO, GDX, GG, GLD, JOSB, LUFK, NWL, RGLD, TIE, WSO
- A possible top here for: $BDI
- Anything posted here may be off base.
Thursday, May 27, 2010
T.A. update for the open, May 27, 2010.
- Yi: +0.8
- A possible bottom here for: $DJW, $PLAT, $XOI
- Trying to bottom out in this area: $NYA50R, $OEX, $SPX, AXP
- Now up against falling trendline resistance: $GASO, $XAU, ABX, ACF, ACH, AMAT
- Up against the 65 DMA: AEM, ASA, AVAV
- Overbought: $BDI
- Anything posted here may be off base.
Wednesday, May 26, 2010
T.A. update for May 26, 2010.
- Yi: +1.1 (If the zero line holds here, that would be a short term positive for the market.)
- A possible bottom here for: $DJX, $HGX, $NYA50R, $OEX, $WTIC, $XOI, AVP, BMY, BPZ, CAT, CHK, CNK, CTB, DELL, ELY, ENER, HCBK, HOGS, IDA, IFN, IRF, JASO, KGC, LDK, LPL, OCR, PTEN
- Now trying to bottom out in this area: $SPX, ACAS, ACH, ARM, BBT, BPOP, CAKE, CBZ, EWI, MBI, MOT, NAT, PBW, QLD
- Extremely oversold: $DJW
- Oversold: BA
- Moderately oversold: PG
- Trying to hold some rising trendline support: $VIX
- Anything posted here may be off base.
Tuesday, May 25, 2010
T.A. update for the open, May 25, 2010.
- Yi: +1.05 (So if the zero line does not hold here, we may have to take a trip down to the -4 or -5 area to get the market completely sold out.)
- Now trying to bottom out: $PLAT, $WTIC, AEM, NOK
- Extremely oversold: BPZ
- Oversold: $IIX, A, ACF, BMY, CNK, CREE, DELL, GE
- Moderately oversold: $DJX, AMAT, COGO, COST
- Attempting to hold the 65 DMA here: $DJW-weekly
- Up against rising trendline resistance: $BDI
- Up against falling trendline resistance: $GASO, ACH, C, EGO
- Attempting to break above the 65 DMA here: ACAS
- Anything posted here may be off base.
Monday, May 24, 2010
T.A. update for May 24, 2010.
- Yi: +1.8
- A possible bottom forming here for: $CRB
- Trying to bottom out: $DJW, $HGX, $IIX, $NYA50R, $OEX, $SPX, $XOI, A, AA, ACF, ACH, BA, CNK, CREE, CSCO, CTB, DDM, EEFT, ENER, EWA, EWJ, F, FUQI, GF, GLW, GMR, GOOG, GPC, IDA, IFN, IRF, IWM, KGC, KO, MMC, MSCC, OGE, PGM, PLL, PTEN, PTR, QCOM, QLD, QQQQ, RJI, SCHG, SDTH, SHLD, SKS, SSO, SSRI, SWK, TSM, WATG, WDC, WFR, WSO, WY, X
- Extremely oversold: $NYA50R-weekly, EEFT, ENER, ROK
- Oversold: AA, AVP, DELL, ELN, ELY, HCBK, KO, MFE, MMC, NM, OCR, PHI, PLL, PTEN, QCOM, SDTH, SHLD, SSO, SSRI, STX, SU, UGA, UYG, VOD, WDC, WY, X
- Moderately oversold: ABX, AVAV, BAC, BPOP, CBK, CBZ, EGO, GPC, NST, OGE, PBW, PEP, ROK, SKS, SUN, T, TKR, TSM, URE, USD, VFC, WFC, WOR, WSO, XLU
- Trying to hold some rising trendline support: GDX and TLB
- Attempting to hold the 65 DMA here: ABX, AMSC, CSL, EXP, GDX, JOSB, MBI, PBY, RAIL, RGLD, SLW, TLB, WHR
- Up against falling trendline resistance: CLF, EWI, FCX, FRO, FSLR, FXI, JASO, LDK, LMT, MFE, RBS, RJA, TSL
- Toppy here: $VIX
- Anything posted here may be off base.
Friday, May 21, 2010
T.A. update for the open of May 21, 2010.
- Yi: +1 (So we are getting close to the zero line now, and it will be interesting to see if the market can find some support in the next trading day or two.)
- A possible bottom here for: CSIQ
- Now trying to bottom out: EWI, MFE, NM
- Extremely oversold now: $NYA50R, ACH, EWA, FUQI
- Oversold here: $DJW, $OEX, $SPX, $XOI, CHK, DDM, EWJ, F, GF, GMR, GOOG, IRF, KGC, KO, MEOH, NM
- Moderately oversold: $PLAT, $XAU, ACAS, AEM, ARM, ASA, B, BBT, CAKE, CAT, CREE, DELL, DVY, ELY, GDX, GG, HCBK, IBM, IDA, IFN, IWM, IYY, LEN, LPL, MBI, MOT, MSCC, MTH, NAT
- Trying to hold some rising trendline support: ABX and CBZ
- Attempting to hold the 65 DMA here: AAPL, BPOP, GG, JOSB
- Attempting to hold the 28 day: $GOLD and DM
- Overbought: $VIX
- Anything posted here may be off base.
Thursday, May 20, 2010
T.A. update for the open, May 20, 2010.
- Yi: +3.29
- A possible bottom here for: $GASO and $WTIC
- Now trying to bottom out: AA, BAC, BMY, C, CHK, ENER, FSLR, SPWRA, TAN
- Extremely oversold: $XOI, ENER, SPWRA, TAN
- Oversold: CLF, EWA, PGM
- Moderately oversold: $HGX, $SOX, A, AXP, BA, BMY, CNK, CTB, ELY, FRO, GE, GPC, IRF, JASO, KGC, LMT, LOW, LUFK, MMC, PHI, QLD, QQQQ, SHLD, SSRI, SUN, SWK
- Now trying to hold some rising trendline support: $DJX, $HGX, A, CAT, EGO
- Attempting to hold the 65 DMA here: $XAU, BBT, CBZ, KFT, MKC, NEM, NWL, SLV
- Attempting to hold the 28 day: GLD
- Anything posted here may be off base.
Wednesday, May 19, 2010
T.A. update for the open, May 19, 2010.
- Yi: +3.55
- Now trying to bottom out: $CRB, $WTIC, NOK, UGA
- Extremely oversold: $CRB
- Oversold: $GASO, FCX, UGA, V, WDC, WFR, X
- Moderately oversold: F, FSLR, LOW, NM, OCR, SU, USB, WOR, XLF, XOP
- Trying to hold rising trendline support: $GOLD, $OEX, GG, LPL, WY
- Attempting to hold the 65 DMA here: $PLAT, KGC, LEN, LPL, PGM, SKS
- Trying to hold falling trendline support: GF
- Up against falling trendline resistance: AMAT, ELY, LDK, LEN, MTH
- Attemting to break above the 65 day: COGO
- Moderately overbought now: AVAV and PG
- Overbought: GIS
- Anything posted here may be off base.
Tuesday, May 18, 2010
T.A. update for the open, May 18, 2010.
- Yi: +4.4
- Now trying to bottom out: $XOI, AVP, BMY, BPZ, CHK, CLF
- Extremely oversold: CSIQ
- Oversold: $WTIC and ACH
- Moderately oversold: $SPX, $DJX, $IIX, $OEX, $SOX, AA, AXP, BAC, C, CSCO
- Now trying to hold rising trendline support: $GASO and ABX
- Attempting to hold the 65 DMA here: $HGX, ACAS, CAKE, CAT
- Attempting to hold the 28 day: AAPL, AEM, ASA
- Attempting to break above the 28 day: CBZ
- Moderately overbought: $VIX
- Overbought: AMSC
- Toppy here: $GOLD-weekly
- A possible top here for: $BDI and $USD
- Anything posted here may be off base.
Monday, May 17, 2010
T.A. update for the open, May 17, 2010.
- Yi: +4.3
- Extremely oversold: NOK
- Oversold: V
- Moderately oversold: EWJ, FXI, LDK, LMT, PAYX, PTEN, PTR, QLD, SSO, STX, TSM, USD, UYG, WDC
- Attempting to hold the 65 DMA here: GE, IDA, LEN, MTH, OGE, PHI, RBS, SHLD, SWK, VFC, WY
- Attempting to hold the 28 day: PEP, PG, TLB
- Attempting to break above the 65 day: QID
- Extremely overbought: $USD
- A break out in either direction is on the way for: JASO and WATG
- Anything posted here may be off base.
Friday, May 14, 2010
T.A. update for the open, May 14, 2010.
- Yi: +5.4
- Attempting to break above the 28 DMA here: A
- Up against falling trendline resistance: AA, AAPL, GMR, LPL, LUFK, MSCC
- Overbought: NEM
- Moderately overbought now: $BDI-weekly, $NYA50R, $XAU, AMSC, AVAV, KGC, MKC
- Toppy: GIS
- A break out in either direction is on the way for: BPOP and NTES
- Anything posted here may be off base.
Thursday, May 13, 2010
T.A. update for May 13, 2010.
- Yi for 5/12/10: +5.77
- Yi for 5/13/10: +6.14
- Oversold: AVP
- Moderately oversold: $VIX
- Attempting to hold the 65 DMA: CNK
- Up against rising trendline resistance: ARM, IBM, KGC
- Attempting to break above the 28 day: $HGX, $IIX, DDM
- Trying to break above falling trenbdline resistance: $DJW, $SPX, ACF, AMAT, BA, CBK, CLF, FCX, FXI
- Moderately overbought: $DJX, AAPL, ASA, B, BBT, BGS, CAT, CREE, CSL, CTB, EXP, IWM, JOSB
- Overbought: $BDI, $XAU, AEM, GIS
- Extremely overbought: GG
- Toppy here: $GOLD, ABX, ARM, EGO, GDX, GG, GLD
- Anything posted here may be off base.
Tuesday, May 11, 2010
T.A. update for the open, May 11, 2010.
- Yi: +6
- Now trying to bottom out: $CRB, $WTIC, BPZ, EEFT
- Attempting to hold the 28 DMA: PRBLX-weekly
- Attempting to break above the 28 DMA here: PGM, RBS, ROK
- Extremely oversold here: FUQI
- Attempting to break above some falling trendline resistance: AVAV, BAC, CHK, CLF, DELL, ELN, FXI, GE, GF, GLW, GPC, IYY, KBE, LEN, LUFK, MEOH, OCR, PTR, RJZ
- Attempting to break above the 65 DMA here: $OEX, COGO, GF, IRF, LDK, NAT, SCHG, SHI
- Toppy here: $GOLD
- More later. Anything posted here may be off base.
Monday, May 10, 2010
T.A. update for the open, May 10, 2010.
- Yi: +3.55
- Now trying to bottom out in this area: CSIQ, ENER, EWA, EWI, FXI, GLW, MFE, MOT, NOK, PTEN, RJA, SEED, STX
- Extremely oversold: $NYA50R
- Oversold: $CRB, $DJW, $OEX, $SPX, $WTIC, ACF, AMSC, HCBK, LDK, WATG
- Moderately oversold: $GASO, $HGX, A, AMAT, AVP, AXP, BA, BMY, C, CBZ, CSCO, DELL, ELY, FRO, FSLR, IDA, IWM, KGC, MEOH, MMC, RJI, SDTH, UGA
- Attempting to hold the 65 DMA here: AAPL, ACAS, ARM, B, BGS, CTB, SHLD, SKS, SSRI, SUN, SYY, TKR
- Attempting to hold the 28 day: ASA and TLB
- Now trying to hold falling trendline support: $NYA50R-weekly, AA, CHK
- Trying to break above falling trendline resistance: KFT
- Overbought: $BDI, $GOLD, EGO, GG
- Extremely overbought: GLD
- Toppy here: $USD
- Anything posted here may be off base.
Friday, May 7, 2010
T.A. update for the open, May 7, 2010.
- Yi: +4.4
- Extremely oversold: CSIQ and ENER
- Oversold: $NYS50R, $XOI, AVP, BPZ, ELN, FXI, GLW, MEOH, QCOM, SDTH
- Moderately oversold: $DJW, $DJX, $IIX, $OEX, $SPX, $WTIC, AAPL, BAC, CAKE, CBZ, CHK, CLF, COST, CREE, DDM, F, GE, GF, GMR, GPC, IBM, IRF, IYY, KO, LDK, LUFK, MMC, MOT, MSCC, NAT, NM, OCR, PAYX, PG, PLL, PTEN, QLD, QQQQ, RJA, SCHA, SCHB
- Trying to hold rising trendline support: $PLAT, $SOX, $SPX, $XAU, ACF, AEM, CTB, DELL, MBI, PBY
- Attempting to hold the 65 DMA here: $GASO, $HGX, $PLAT, A, AVAV, AXP, BA, BBT, CAT, CBK, CNK, CSCO, CSL, DELL, FRO, FSLR, IDA, IWM, JASO, KBE, LEN, LMT, LOW, LPL, MKC, NST, NWL, PEG, PEP, RBS, ROK
- Attempting to hold the 28 day: MBI
- Moderately overbought: QID
- Overbought: GLD
- Extremely overbought: $VIX
- More later. Anything posted here may be off base.
Thursday, May 6, 2010
T.A. update for the open, May 6, 2010.
- Yi: +6.57
- Trying to bottom out in this area: NTES, QCOM, SPWRA, WFR, X
- Oversold: AA, ACH, EWI, FCX, FUQI, GOOG, NOK, NTES, SEED, SPWRA, TAN, TOT
- Moderately oversold: $CRB, $SOX, $XOI, ACF, AVP, BPZ, COGO, EWA, EWJ, FXI, GLW, HCBK, IFN, PBW, PTR, QCOM, RJZ, SHI, STX, TIE, TSL, TSM, V, VOD, WATG, WFR, WOR, X
- Now trying to hold some rising trendline support: $DJW-weekly, $GOLD, $HGX, AMAT, EXP, FSLR, GDX, GF, GLD, JASO, JOSB, KBE, KFT, LDK, LMT, LPL, MKC, NEM, NST, OCR, RGLD, SDTH, SSRI, SYY, URE, WSO, WY
- Attempting to hold the 65 DMA here: $OEX. $PLAT, $SOX, AMAT, BAC, C, CAKE, CBZ, CREE, ELY, GPC, NM, PGM, SCHA, SCHG, TIE, USD, WDC, XOP
- Attempting to hold the 28 day: AAPL, ASA, CAT, RBS, ROK, WFC
- Trying to hold some rising trendline support: ELN
- Overbought: $USD, $VIX, DM
- A break out in either direction is on the way for: KFT
- Anything posted here may be off base.
Wednesday, May 5, 2010
Tuesday, May 4, 2010
T.A. update for the open, May 4, 2010.
- Yi: +8.28
- Trying to bottom out in this area: ENER
- Moderately oversold: AA, WFC, X
- Trying to hold some rising trendline support: AVAV, CAT, ELY, STX
- Attempting to hold the 65 DMA here: ACF, COGO, EWJ, F, MSCC, PAYX, V
- Attempting to hold the 28 day: $DJX
- Attempting to break above the 28 day: PEP
- Moderately overbought now: $WTIC
- Overbought: JASO
- Toppy here: SUN
- A possible top here for: $GOLD
- Anything posted here may be off base.
Monday, May 3, 2010
T.A. update for the open, May 3, 2010.
- Yi: +7.5
- Now trying to bottom out in this area: EEFT and NOK
- Oversold: MFE
- Moderately oversold: HCBK and MEOH
- Now trying to hold some rising trendline support: AXP, NAT, SCHA, SWK, WFR
- Attempting to hold the 65 DMA here: IRF
- Now up against rising trendline resistance: $GASO
- Attempting to break above the 28 DMA here: BMY
- Now trying to break above falling trendline resistance: JASO and SU
- Moderately overbought: GIS, MKC, MTH, PEG, PEP, PHI, SLV, SSRI, SUN
- Overbought: B, GDX, LPL, NEM, OGE
- Toppy here: $XAU, ABX, ACAS, AEM, GDX, GG, MKC, NEM, RGLD, SLW, SSRI, VFC
- A possible top in this area for: ASA and EGO
- Anything posted here may be off base.
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