- Yi: +1.9
- Trying to bottom out in this area: DM
- Standard oversold: B, GLW, HPQ
- Moderately oversold: $OEX, $SPX, ARM, AXP, BA, COGO, COST, ENER, GE, GOOG, LUFK, MEOH
- Trying to hold some rising trendline support: $WTIC, $XAU, ABX, CNK, DELL, EWJ, FXI, GDX, GPC, JASO
- Attempting to hold the 65 DMA here: $DJW-weekly, DVY, EWA, EWI
- Attempting to hold the 28 day: CAT and HOGS
- Trying to hold falling trendline support: $SPX, AMSC, B, CBZ, FRO, GMR, LUFK
- Up against falling trendline resistance: IRF
- Up against the 65 DMA here: $VIX
- Standard overbought: IFN
- Toppy here: $GOLD
- A break out in either direction is on the way for: JOSB
- Anything posted here may be off base.
Monday, August 23, 2010
T.A. update for the open, August 23, 2010.
Friday, August 20, 2010
T.A. update for the open, August 20, 2010.
- Yi: +2.1
- Moderately oversold: $WTIC
- Trying to hold some rising trendline support: $DJW, AA, ARM, AVP, BA, CNK, EWA
- Attempting to hold the 65 DMA here: $DJA and $XOI
- Attempting to hold the 28 day: BLL
- Now trying to hold falling trendline support: $SPX, BAC, CHK
- Up against some falling trendline resistance: ACH and CSIQ
- Toppy here: ABX, ASA, EGO
- Anything posted here may be off base.
Thursday, August 19, 2010
T.A. update for the open, August 19, 2010.
- Yi: +3.04
- Standard oversold: B and UGA
- Now trying to hold rising trendline support: PEP, PHI, VOD
- Attempting to hold the 28 DMA here: $USD
- Up against some falling trendline resistance: $HGX, AMSC, CAKE, CSL, JOSB, LOW
- Up against the 65 day: $BDI, $PLAT, A, AA, ACAS, AVAV, ENER, MTH, PEG, PG, PGM, SDTH
- Moderately overbought now: $XAU, GDX, GG, MKC, NEM, RGLD, SLE, SLW, SSRI, X
- Standard overbought: AEM, EGO, UGP
- Toppy here: CLF, IFN, PX, SHI, SLW, T
- A break out in either direction is on the way for: C, CNK, DPS, MBI
- Anything posted here may be off base.
Wednesday, August 18, 2010
T.A. update for the open, August 18, 2010.
- Yi: +2.97
- A possible bottom here for: $GASO
- Now trying to bottom out:b FUQI and KGC
- Trying to hold the 65 DMA here: F and KFT
- Now trying to hold falling trendline support: C
- Up against rising trendline resistance: IFN
- Up against falling trendline resistance: ACAS, AMAT, ARM, CAKE
- Moderately overbought now: $GOLD, ASA, BMY, CAT, CLF
- Toppy here: AEM
- Anything posted here may be off base.
Tuesday, August 17, 2010
T.A. update for the open, August 17, 2010.
- Yi: +2.3
- A possible bottom here for: DM
- Trying to bottom out in this area: $OEX, $SPX, $WTIC, $XOI, AA, AXP, CAKE, CHK, EEFT, GLW, LEN, LMT, MSCC
- Moderately oversold now: $DJX and GLW
- Trying to hold rising trendline support: ELN
- Attempting to hold the 65 DMA here: $IIX
- Up against rising trendline resistance: SHI
- Up against falling trendline resistance: ACH, AEM, AVAV
- Up against the 65 day: $BDI and RGLD
- Moderately overbought: ABX, GLD, PHI
- Anything posted here may be off base.
Monday, August 16, 2010
T.A. update for the open, August 16, 2010.
- Yi: +2.3
- Now trying to bottom out in this area: $GASO, $HGX, $PLAT, B, BPZ, C, CBK, CBZ, DELL, MFE, MTH, NOK, SKS, SSO, SSRI, WHR, XLF
- Oversold: $GASO, TLB, USD, WHR
- Moderately oversold: $HGX, $WTIC, AVAV, B, CSIQ, ELN, GE, NOK, PLL, PTR, ROK, SHLD, SKS, SSO, SU, UGA, URE, UYG, WATG, WFC, XLF
- Now trying to hold some rising trendline support: FRO, IBM, SCHA, SWK, TSL, TSM, VFC, XOP
- Attempting to hold the 65 DMA here: $DJW, $WTIC, FSLR, TSM, URE, WOR, X, YGE
- Attempting to hold the 28 day: SUN, TSL
- Trying to hold falling trendline support: WSO
- Up against falling trendline resistance: $BDI, ASA, SLV
- Up against the 65 day: WFR
- Moderately overbought here: QID
- A break out in either direction is on the way for: ABX, GG, NEM
- Anything posted here may be off base.
Saturday, August 14, 2010
AIDS WARNING!
To all of you approaching 55 or have REACHED 55 and past, this is especially for you......... ....
SENIOR CITIZENS ARE THE NATION'S LEADING CARRIERS OF AIDS!
HEARING AIDS
BAND AIDS
GARDENING AIDS
WALKING AIDS
MEDICAL AIDS
GOVERNMENT AIDS
MOST OF ALL,
MONETARY AID TO THEIR KIDS!
Not forgetting HIV (Hair is Vanishing)
And
AIDS : Acute income deficiency syndrome
I'm only sending this to my 'old' friends.
I love to see them smile.
Give me the grace to read a joke,
To get some humour out of life,
And pass it on to other folk.
Cheers.
SENIOR CITIZENS ARE THE NATION'S LEADING CARRIERS OF AIDS!
HEARING AIDS
BAND AIDS
GARDENING AIDS
WALKING AIDS
MEDICAL AIDS
GOVERNMENT AIDS
MOST OF ALL,
MONETARY AID TO THEIR KIDS!
Not forgetting HIV (Hair is Vanishing)
And
AIDS : Acute income deficiency syndrome
I'm only sending this to my 'old' friends.
I love to see them smile.
Give me the grace to read a joke,
To get some humour out of life,
And pass it on to other folk.
Cheers.
Friday, August 13, 2010
Midday update for August 13, 2010.
- Yi: +2.52
- Trying to bottom out in this area: AMAT, AMSC, BAC, BBT, CSL, DM, ENER, HCBK, IRF, IWM, KBE, LUFK, PAYX, RAIL
- Standard oversold: AMAT, BAC, BBT, CBZ, CREE, CSCO, CSL, CTB, DELL, DM, GMR, HCBK, IRF, LMT, LPL
- Moderately oversold: $GASO, $OEX, $PLAT, $SPX, A, AA, AAPL, ACAS, ACH, AMSC, ARM, BA, BPZ, C, CHK, COGO, COST, ELY, ENER, EXP, IWM, KBE, LUFK, MFE, MSCC, NOK, PAYX, PBW, PBY, PEG, PGM, QLD, QQQQ, RAIL, ROK
- Trying to hold some rising trendline support: BMY, CBK, CLF, CSIQ, EWI, EWJ, GE, GF, KFT, KO, MBI, NTES, PG, PLL
- Attempting to hold the 65 DMA here: $DJX, $XOI, AXP, DDM, DVY, EWA, FXI, GOOG, GPC, IBM, MEOH, NWL, PTEN
- Attempting to hold the 28 day: $IIX, AVP, CAT, FSLR, GOOG, MMC, OGE, PEP, PLL
- Trying to hold falling trendline support: B and CAKE
- Up against the 28 DMA here: $USD
- Up against some falling trendline resistance: GIS and LOW
- Up against the 65 day: GLD and QID
- Anything posted here may be off base.
Thursday, August 12, 2010
T.A. update for the open, August 12, 2010.
- Yi: +2.84
- A possible bottom forming here for: WDC
- Trying to bottom out in this area: LOW, OCR, STX
- Oversold: CSL and OCR
- Moderately oversold: FRO, LEN, LMT, LOW, USD, WSO
- Trying to hold some rising trendline support: $IIX, A, ACAS, ACH, AXP, BPOP, COGO, CSCO, IDA, MEOH, PHI, SUN, TSL, WFC
- Attempting to hold the 65 DMA here: $GASO, BA, EEFT, JASO, NAT, YUII
- Attempting to hold the 28 day: $GOLD and FUQI
- Trying to hold falling trendline support: BAC and CSL
- Up against some falling trendline resistance here: $VIX
- Toppy here: MBI and T
- Anything posted here may be off base.
Wednesday, August 11, 2010
T.A. update for the open, August 11, 2010.
- Yi: +4.44 (Warning flags are flying now.)
- Extremely oversold now: STX and WDC
- Now trying to hold some rising trendline support: $CRB, $WTIC, IWM, KBE, LEN, MKC, MMC, MOT, NM, NOK, OGE, PEP, RJI, SDTH, SEED, SHI, TOT, UGA, WATG, X, XLU
- Attempting to hold the 65 DMA here: TIE and TSM
- Attempting to hold the 28 day: PGM and YUII
- Up against falling trendline resistance: $USD
- Up against the 65 DMA: V
- Moderately overbought: FUQI
- Toppy here: $IIX, CAT, QCOM
- A possible top here for: MBI
- A break out in either direction is on the way for: AAPL and FSLR
- Anything posted here may be off base.
Tuesday, August 10, 2010
Just before the close, August 10, 2010.
- Yi: +4.79 (Under normal conditions, the market would be in a topping phase here.)
- A possible bottom here for: $VIX
- Moderately oversold: CTB
- Trying to hold some rising trendline support: $DJW, $DJX, AA, DDM
- Trying to hold falling trendline support: AMAT
- Moderately overbought: ELN and ENER
- Overbought: $IIX and BMY
- Toppy here: $NYA50R-weekly
- Anything posted here may be off base.
Monday, August 9, 2010
T.A. update for the open, August 9, 2010.
- Yi: +4.52
- A possible bottom here for: CSL
- Trying to bottom out here: GIS, LEN, PAYX, TLB
- Oversold: CBZ
- Moderately oversold: DM, RAIL, USB
- Now trying to hold some rising trendline support: $DJX, $OEX, $SPX, AVP, GLW, LUFK, MSCC, PLL, SU, SWK
- Attempting to hold the 65 DMA here: $PLAT and XLF
- Attempting to hold the 28 day: AXP
- Up against rising trendline resistance: PHI
- Up against some falling trendline resistance here: A
- Up against the 65 DMA: $GOLD, GDX, GLD, NEM
- Moderately overbought now: $XAU, ABX, AEM, COGO, CSIQ, EGO, GDX, GLD, KFT, NAT, RGLD, SEED, SLW
- Toppy here: $XOI, BMY, CNK, SLW
- A break out in either direction is on the way for: BBT, EXP, F, GE, PBW
- Anything posted here may be off base.
Friday, August 6, 2010
T.A. update for the open, August 6, 2010.
- Yi: +4.73
- A possible bottom here for: BBT
- Trying to bottom out in this area: QID
- Oversold: OCR
- Moderately oversold: LEN, MTH, PAYX, PEG, TLB, TSLA
- Now trying to hold some rising trendline support: ACH, AXP, BA, EWJ, EXP, FXI, KO, OGE, PGM, PTEN, T, TIE, V
- Attempting to hold the 65 DMA here: AMSC, CTB, MFE, NOK, PEG, UYG
- Attempting to hold the 28 day: $HGX
- Now trying to hold some falling trendline support: CSL and OCR
- Up against the 65 day: $XAU, AEM, CHK, ELN
- Moderately overbought now: $SPX, ACAS, CSCO, GOOG, ROK
- Overbought: $IIX
- Toppy here: GOOG, NTES, PHI, RJI, TKR, TOT, WOR
- A possible top here for: $CRB and HOGS
- A break out in either direction is on the way for: ENER
- Anything posted here may be off base.
Thursday, August 5, 2010
T.A. update for the open, August 5, 2010.
- Yi: +4.87
- Now trying to bottom out: GMR and STX
- Trying to hold some rising trendline support: BPOP, EWJ, LOW, PTR, UYG
- Attempting to hold the 28 DMA here: B, FUQI, TLB
- Up against rising trendline resistance: COST
- Up against the 28 day: $GOLD
- Up against some falling trendline resistance: ELN and SKS
- Up against the 65 DMA here: ABX and CNK
- Moderately overbought now: BA, CREE, MOT, NWL, SLW, WOR, WY, X, XOP
- Overbought: IFN, NTES, SHI, SUN, UGP
- Toppy here: $NYA50R, $WTIC, PHI, SU, SUN, T, UGP
- Going parabolic: RJA
- A break out in either direction is on the way for: C, CBK, DELL, IRF, QCOM, RAIL
- Anything posted here may be off base.
Wednesday, August 4, 2010
T.A. update for the open, August 4, 2010.
- Yi: +4.58
- Trying to bottom out in this area: QID, WDC, WFR
- Oversold: $USD and WFR
- Moderately oversold: AVAV, GIS, KGC
- Trying to hold some rising trendline support: $HGX and SEED
- Attempting to hold the 65 DMA here: FSLR
- Trying to hold falling trendline support: USD
- Up against rising trendline resistance: EWI and GG
- Up against the 28 DMA here: GLD
- Up against falling trendline resistance: $GOLD, $XAU, ASA, GDX, IBM, RAIL
- Up against the 65 day: COST, ELY, ENER
- Moderately overbought now: $GASO, $IIX, $OEX, $SPX, AA, BPZ, GE, LDK, QLD, QQQQ, SU, SWK, SYY, TSLA, UGA, UYG, XLF, YUII
- Overbought: $DJX, $NYA50R-weekly, $WTIC, PTR, RJA, RJZ, T, TOT
- Toppy here: $CRB and IFN
- A break out in either direction is on the way for: ACAS, PAYX, SDTH, WATG
- Anything posted here may be off base.
Tuesday, August 3, 2010
T.A. update for the open, August 3, 2010.
- Yi: +4.85 (We are starting to get overbought in the stock market again.)
- Now trying to bottom out: BBT
- Moderately oversold now: AMAT
- Trying to hold some rising trendline support: JOSB
- Attempting to hold the 28 DMA here: $GOLD-weekly
- Trying to hold falling trendline support: $VIX
- Now up against some rising trendline resistance: $SPX, ACH, BA, BBT, DDM, NOK, PLL
- Up against falling trendline resistance: $GOLD
- Up against the 65 DMA here: BPZ and KBE
- Moderately overbought now: B, BGS, EWA, EWJ, GLW, GPC, IBM, IFN, LUFK, MBI, MEOH, MFE, MMC, NM, PGM, PHI
- Overbought: $CRB, $NYA50R-weekly, ARM, AVP, CAT, CLF, EWI, FCX, FXI, GF, KO
- Toppy here: HOGS
- A break out in either direction is on the way for: PBW
- Anything posted here may be off base.
Monday, August 2, 2010
T.A. update for the open, August 2, 2010.
- Yi: +3.55
- A possible bottom here for: CSL
- Trying to bottom out: GIS
- Oversold: AMAT
- Moderately oversold: A, BBT, CAKE, FSLR, GMR, MOT, OCR
- Trying to hold some rising trendline support: $IIX, $OEX, $XOI, AA, ACAS, C, CHK, CSCO, DDM, DM, ENER, IDA, IRF, LDK, MMC, NWL, PBY. PLL, QLD, SCHG
- Attempting to hold the 65 DMA here: $SPX, CREE, CSIQ, DVY, PEG
- Attempting to hold the 28 day: $GOLD-weekly, CNK, PG
- Up against some falling trendline resistance: $VIX, $XAU, ABX, GG
- Up against the 65 day: BPOP and RAIL
- Moderately overbought: AVP
- Toppy here: PTEN
- Anything posted here may be off base.
Friday, July 30, 2010
T.A. update for the open, July 30, 2010.
- Yi: +3.54
- Now trying to bottom out in this area: ABX and AEM
- Extremely oversold: WDC
- Oversold: STX
- Moderately oversold: LEN, LOW, PBY, WSO
- Trying to hold some rising trendline support: ARM, CHK, FUQI, GOOG, MSCC, OGE, PAYX, PBW, PHI, QQQQ, V
- Attempting to hold the 65 DMA here: $WTIC and VFC
- Attempting to hold the 28 day: $HGX, MMC, X
- Now up against rising trendline resistance: GLW and IFN
- Up against falling trendline resistance: NEM
- Moderately overbought: AVP and TOT
- Overbought: TKR
- A break out in either direction is on the way for: FXI
- Anything posted here may be off base.
Thursday, July 29, 2010
T.A. update for the open, July 29, 2010.
- Yi: +3.78
- Now trying to bottom out: $GOLD, $VIX, GDX, GLD, NEM, RGLD
- Oversold: ABX and AEM
- Moderately oversold: $XAU, OCR, SLV
- Trying to hold some rising trendline support: $CRB, AVAV, COGO, GMR, JOSB, RAIL
- Attempting to hold the 65 DMA here: CLF
- Up against the 28 day: PRBLX-weekly
- Up against falling trendline resistance: BBT
- Up against the 65 day: SKS, UYG, WFC
- Moderately overbought now: $DJX, AAPL, BGS, SSO, URE, XLU
- Overbought: NST
- Toppy here: $DJX, $NYA50R
- Anything posted here may be off base.
Wednesday, July 28, 2010
T.A. update for the open, July 28, 2010.
- Yi: +4.14
- Now trying to bottom out: QID
- Oversold: GDX and GLD
- Moderately oversold: CSL and NEM
- Now trying to hold falling trendline support: ABX
- Up against falling trendline resistance: PAYX
- Up against the 65 DMA here: $HGX, COST, GE
- Moderately overbought: $HGX, $IIX, $OEX, B, COST, EWI, KFT, MKC, OGE, PEP, PG, PLL, PRBLX, PTR
- Overbought: $NYA50R, HOGS, PEG
- Toppy here: $IIX, BA, CLF, DDM, DVY, EEFT, EWA, EWI, HOGS, KO, MBI, OGE, PTEN
- Anything posted here may be off base.
Tuesday, July 27, 2010
T.A. update for the open, July 27, 2010.
- Yi: +4.25
- Up against rising trendline resistance: $WTIC and IFN
- Up against falling trendline resistance: $CRB, BBT, ELY
- Up against the 65 day moving average: AA, AVAV, B, CSCO, DELL, ENER, FUQI, IRF, KBE, NOK, NWL, PBY
- Overbought: CAT and IDA
- Moderately overbought: $DJX, $SPX, $XOI, AMSC, BA, DM, FRO, IWM, IYY, JOSB, MBI, MMC, PBW
- Toppy here: AMSC, ARM, AXP, CAT, CTB, F, FRO, FSLR, FUQI, MBI
- Anything posted here may be off base.
Monday, July 26, 2010
T.A. update for the open, July 26, 2010.
- Yi: +3.55
- Moderately oversold: CAKE
- Up against rising trendline resistance: $GOLD and $WTIC
- Up against the 28 DMA here: $PLAT and CHK
- Up against the 65 day: $OEX, $XAU, $XOI, ACAS, EWJ
- Moderately overbought now: $CRB, $DJW, $GASO, $IIX, ARM, AVP, AXP, BA, BPZ, CLF, DDM, DVY, EWA, F, GLW, GOOG
- Overbought: CTB
- Anything posted here may be off base.
Friday, July 23, 2010
T.A. update for the open, July 23, 2010.
- Yi: +3.1
- Trying to bottom out in this area: $PLAT and BAC
- Extremely oversold: WDC
- Oversold: WHR
- Moderately oversold: WSO
- Attempting to hold the 28 DMA here: $GOLD-weekly and ACF
- Up against rising trendline resistance: CTB
- Up against the 28 DMA here: B, PAYX, SUN, XOP
- Up against falling trendline resistance: $USD, $XOI, ABX, AMAT, BGS, CNK, DELL, GDX, GIS, IRF, LEN, LMT, SPWRA
- Up against the 65 day: $DJX, BA, CLF, COGO, DDM, GOOG, NM, UGA, URE, USD, WFR
- Moderately overbought now: ACH, CREE, CSIQ, CTB, FCX, FRO, FXI, GF, HOGS, IFN, LDK, PTEN, QCOM, RJA, RJI, SU, TAN
- Overbought: KO and NTES
- A break out in either direction is on the way for: BPOP and EEFT
- Anything posted here may be off base.
Thursday, July 22, 2010
T.A. update for the open, July 22, 2010.
- Yi: +1.895
- Trying to bottom out in this area: BBT
- Moderately oversold: HCBK and PHI
- Trying to hold some rising trendline support: $VIX and LUFK
- Attempting to hold the 28 DMA here: EWI
- Up against rising trendline resistance: A and FSLR
- Up against the 28 DMA here: $HGX, DVY
- Now up against some falling trendline resistance: $XAU, ACAS, ASA, B, NAT
- Up against the 65 DMA here: $GASO, ARM, DM, EXP, QQQQ, RJZ, SWK, X
- Moderately overbought now: $WTIC, CAT, KO, MEOH, WY
- A bit toppy here: MOT and TSL
- A break out in either direction is on the way for: EEFT
- Anything posted here may be off base.
Wednesday, July 21, 2010
T.A. update for the open, July 21, 2010.
- Yi: +2.545
- A possible bottom here for: BAC
- Now trying to bottom out: $BDI-weekly, $GOLD, A, CBK, ELN, KGC, LMT, RGLD
- Oversold: LPL
- Moderately oversold: $PLAT, GIS, GLW, IRF, KBE, MFE, PBY, SKS, SLV, SLW, SSRI, TOT, WDC, WHR, XLU
- Attempting to hold the 65 DMA here: BMY, CAKE, QID
- Attempting to hold the 28 day: AVP, PG, T, VOD
- Up against rising trendline resistance: CAT, NTES, TSM
- Up against the 28 DMA here: FUQI and GE
- Up against some falling trendline resistance today: $SPX, AA, AEM, BA, CNK, CSL, DDM, EGO, ELY, FXI, GDX, GG, GLD, IWM, IYY, JOSB, KFT, LOW, MTH, SDTH, SEED, SSO, SU, SUN, TLB, URE, VFC
- Up against the 65 DMA here: ACH, AMSC, CREE, DVY, EWA, F, GOOG, MBI, OCR, PBW, RBS, WOR
- Moderately overbought: FSLR, GPC, HOGS, NST, PEP, TSL, WY, YUII
- Overbought: MOT
- A break out in either direction is on the way for: DELL
- Anything posted here may be off base.
Tuesday, July 20, 2010
T.A. update for the open, July 20, 2010.
- Yi: +1.945
- Trying to bottom out in this area: $USD, AEM, CNK
- Oversold: AEM and BAC
- Moderately oversold: $GOLD, $HGX, $XAU, AA, ABX, AMSC, ASA, B, BA, BBT, CAKE, CBZ, CHK, CNK, COST, CSL, EGO, ELN, ELY, ENER, EWJ, GDX, GE
- Trying to hold some rising trendline support: AVAV, COGO, DM
- Attempting to hold the 28 DMA: $DJX, $IIX, ACF, AXP, DVY
- Trying to hold falling trendline support: A
- Up against the 65 DMA: $VIX
- Anything posted here may be off base.
Monday, July 19, 2010
T.A. update for the open, July 19, 2010.
- Yi: +1.315
- A possible bottom here for: $BDI
- Moderately oversold: AAPL
- Trying to hold rising trendline support: $GOLD, ASA, CHK
- Anything posted here may be off base.
Friday, July 16, 2010
T.A. update for the open, July 16, 2010.
- Yi: +2.916
- Now trying to bottom out: BPZ and SDTH
- Trying to hold some rising trendline support here: FXI
- Attempting to hold the 65 DMA: ABX and QID
- Attempting to hold the 28 day: SUN
- Trying to hold falling trendline support: RGLD
- Now up against falling trendline resistance: $CRB, KFT, NM, SEED
- Up against the 65 DMA here: $DJW, AVAV, AVP, MSCC, PRBLX, QCOM, SLV, YUII
- Moderately overbought now: $SPX, AVAV, AVP, EEFT, PG, PLL, QCOM, SSO, STX, T, TIE, TOT, WY
- Toppy here: $IIX and VOD
- A break out in either direction is on the way for: CLF, MEOH, RJZ
- Anything posted here may be off base.
Thursday, July 15, 2010
T.A. update for the open, July 15, 2010.
- Yi: +2.85
- A possible bottom here for: $VIX
- Trying to hold some rising trendline support: AAPL
- Trying to hold falling trendline support: $USD
- Up against the 28 DMA here: $DJW, B, FUQI
- Up against some falling trendline resistance: $GASO, $SPX, AVP, DM
- Up against the 65 day: $CRB, $DJX, $NYA50R, ACF, AMSC, ARM, CAKE, COGO, CREE, CSCO, CSIQ, DDM, EWA, F
- Moderately overbought now: $IIX, $OEX, $XOI, ACF, BAC, C, CREE, CSCO, CSIQ, CTB, DDM, DELL, F
- Toppy here: AXP and EWI
- Anything posted here may be off base.
Wednesday, July 14, 2010
T.A. update for the open, July 14, 2010.
- Yi: +2.9
- Extremely oversold now: BPZ
- Oversold: $BDI-weekly
- Trying to hold some rising trendline support: BMY
- Up against the 28 DMA here: IWM
- Up against falling trendline resistance: $OEX, $WTIC, AA, ACAS, CBK, DDM, DVY, ELY, IBM, LOW
- Up against the 65 DMA here: $WTIC, $XAU, GG, GLW, GOOG, KBE, KFT, MBI
- Moderately overbought now: AXP, CAKE, CAT, FXI, GOOG, GPC, HOGS, IBM, IFN, IYY, KO, MBI
- Toppy here: IDA
- More later, time permitting. Anything posted here may be off base.
Tuesday, July 13, 2010
T.A. update for the open, July 13, 2010.
- Yi: +2.1
- Moderately overbought: $DJX
- Up against the 28 DMA here: $HGX
- Up against the 65 day: $NYA50R ansd DVY
- More later, time permitting. Anything posted here may be off base.
Monday, July 12, 2010
T.A. update for the open, July 12, 2010.
- Yi: +2
- Now trying to bottom out: $VIX
- Up against rising trendline resistance: NEM
- Up against the 28 DMA here: $IIX, $OEX, AAPL
- Up against the 65 day: $CRB, $XAU, C, DVY, GPC, KO, PBW
- Up against falling trendline resistance: $CRB, $HGX, CLF, COST, EWA, EXP, FUQI, GLW, HOGS, PRBLX
- Moderately overbought now: C, CAT, DDM, GF, IDA, LUFK, PTR
- Toppy here: FSLR
- Anything posted here may be off base.
Friday, July 9, 2010
T.A. update for the open, July 9, 2010.
- Yi: +1.69
- Now trying to bottom out in this area: BPZ and ELY
- Moderately oversold here: $VIX, GG, QID, TOT
- Attempting to hold some rising trendline support: GG
- Attempting to hold the 65 DMA here: EGO
- Up against the 28 DMA: ACF, FCX, GE, ROK, SSO, UYG, WFC, XLF
- Up against falling trendline resistance: $DJX, $NYA50R, AVP, BBT, CREE, CSCO, IFN, IRF, NEM, PBW, PBY, RJI, ROK, SHLD, WY
- Up against the 65 DMA here: PEP, PG, PHI, RBS, SPWRA, SU, TAN, TOT, TSL
- Moderately overbought now: BMY, EWI, JASO, NST, OGE, PEG, PEP, SPWRA, TAN, TSL, VOD, XLU, YGE
- Toppy here: PEG and TSM
- A break out in either direction is on the way for: SHI
- Anything posted here may be off base.
Thursday, July 8, 2010
T.A. update for the open, July 8, 2010.
- Yi: +1.2
- A possible bottom here for: $HGX and A
- Now attempting to bottom out in this area: AEM, BPOP, COST, GG, RGLD, SKS
- Oversold: SSRI
- Moderately oversold now: $USD, PRBLX, SLV
- Attempting to hold the 65 DMA here: SLW
- Up against the 28 DMA here: MBI and MFE
- Up against some falling trendline resistance here: AAPL, ACF, ACH, AMAT, BAC, CREE, CSCO, CSIQ, DELL, EXP, GMR, IRF, LOW, LPL, MEOH, PGM, RAIL, RBS, RJI, SEED, TLB
- Up against the 65 DMA here: EWI, GIS, IFN, MKC, MMC, OGE, PHI
- Moderately overbought: FSLR, NTES, PEG, PHI, PTEN, RJA, TSM
- A break out in either direction is on the way for: PTR and SHI
- Anything posted here may be off base.
Wednesday, July 7, 2010
T.A. update for the open, July 7, 2010.
- Yi: -0.5
- A possible bottom here for: $NYA50R, $XOI, GOOG
- Trying to bottom out in this area: $WTIC, ACAS, CBZ, GDX
- Oversold: AEM and BPOP
- Moderately oversold: ASA and GG
- Now trying to hold on to some rising trendline support: $GOLD-weekly, $XAU, ABX
- Attempting to hold falling trendline support: CLF
- Now up against some falling trendline resistance: AA, AVAV, CNK, CSL, LPL
- Up against the 65 DMA here: GF and JASO
- Anything posted here may be off base.
Tuesday, July 6, 2010
T.A. update for July 6, 2010.
- Yi: -0.76
- A possible bottom here for: CLF
- Now attempting to bottom out in this area: $DJW, $HGX, $IIX, $OEX, $PLAT, $USD, $XOI, ACH, AMAT, ARM, CAKE, CHK, COGO, CSL, DDM, DELL, DM, FCX, FUQI, GOOG, IRF, LPL, QCOM, QLD, QQQQ, RBS, SCHB, SSO, SU, TKR
- Extremely oversold: AA and SDTH
- Oversold: CNK and SSO
- Moderately oversold: ACAS, C, CAT, COGO, GDX, UGA
- Now trying to hold some rising trendline support: SHI
- Attempting to hold the 65 DMA here: $GOLD
- Now trying to hold falling trendline support: $OEX, $SPX, AA, CBZ
- Up against falling trendline resistance: CBK, FRO, FXI, LMT, MTH
- Up against the 65 DMA here: RJA
- Moderately overbought: TSL
- Anything posted here may be off base.
Friday, July 2, 2010
T.A. update for the open, July 2, 2010.
- Yi: -0.51
- Trying to bottom out in this area: $NYA50R, $SPX, ACF, AMSC, AVP, B, BA, BBT, CLF, CNK, COST, EWA, EWI, F, FRO, FSLR, FXI, HCBK, KGC, KO, LDK, LMT, LOW, LUFK, MBI, MEOH, MFE, MOT, MTH, NM, PHI
- Extremely oversold now: $HGX, CNK, CSIQ, ELY
- Oversold: $DJW, $XOI, A, AA, ACAS, ACH, AMAT, AMSC, BAC, BBT, COST, CREE, IYY, KGC, KO, LUFK
- Moderately oversold: $WTIC, $XAU, AAPL, AEM, AXP, CSL, EWI, KFT, PTR
- Now trying to hold some rising trendline support: $HGX, AEM, GDX, GLD, GPC, NEM
- Attempting to hold the 65 DMA here: $USD and ABX
- Attempting to hold the 28 day: MMC
- Now trying to hold falling trendline support: $DJX, BAC, CSCO, HCBK, IWM, IRF
- Up against falling trendline resistance: ELN
- Up against the 65 DMA here: NTES
- Toppy here: QID
- Anything posted here may be off base.
Thursday, July 1, 2010
T.A. update for the open, July 1, 2010.
- Yi: -0.34
- Trying to bottom out here: DELL, EWJ, F, JOSB, NOK, PBW
- Now oversold: $DJX, $IIX, $NYA50R, $OEX, $SPX, B, CAKE, CHK, CLF, CSCO, DDM, FCX, FRO, GLW, GOOG, HCBK, IRF, LDK, LMT, LPL, OCR
- Moderately oversold: $CRB, $GASO, $PLAT, ARM, AVP, BA, CAT, CBZ, DM, FSLR, FXI, GIS, HOGS, IBM, MKC, MOT, NAT
- Now trying to hold some rising trendline support: AAPL and ARM
- Now trying to hold falling trendline support: $DJW-weekly chart, $IIX, A, BPZ, KBE
- Attempting to hold the 28 DMA here: GF
- Up against the 28 DMA here: $USD
- Moderately overbought now: $VIX
- Anything posted here may be off base.
Wednesday, June 30, 2010
T.A. update for the open, June 30, 2010.
- Yi: +0.2
- Probable bottom here for: NOK
- Trying to bottom out here: OCR, PGM, PLL
- Oversold: IWM, JOSB, LMT, NM, NWL, PTEN, QCOM, QLD, QQQQ, ROK, SCHB, SHLD, SKS, SPWRA, SSO, SWK, V, VFC, WFC, WFR, WHR, X
- Moderately oversold now: B, CTB, HOGS, IBM, KFT, KGC, LUFK, MSCC, PGM, RJI, SU, TSM, WATG
- Now trying to hold some rising trendline support: ASA, AVP, EWA, GF, LPL, MEOH, NTES, SLW, URE, WSO
- Attempting to hold the 65 DMA here: AAPL, PEG, PRBLX-weekly chart, SLV, TIE
- Attempting to hold the 28 day: GLD and OGE
- Now trying to hold falling trendline support: CAKE, CBK, COGO, ELY, GLW, JOSB, LEN, PEP, RGLD
- Up against rising trendline resistance: WOR
- Moderately overbought here: QID
- Anything posted here may be off base.
Tuesday, June 29, 2010
T.A. update for the open, June 29, 2010.
- Yi: +1.86
- Now trying to bottom out: $DJX, A, CREE, CSCO, PEP
- Trying to hold some rising trendline support here: $DJW and SPWRA
- Attempting to hold the 65 DMA at this point: $DJW-weekly chart.
- Trying to hold falling trendline support: QCOM and WDC
- Now up against rising trendline resistance: EGO
- Up against horizontal trendline resistance: WSO
- Up against falling trendline resistance: $XAU
- Up against the 65 DMA here: $CRB, $WTIC, BA
- Moderately overbought: VOD
- Overbought now: ABX, SUN, UGP
- A break out in either direction is on the way for: NM
- Anything posted here may be off base.
Monday, June 28, 2010
T.A. update for the open, June 28, 2010.
- Yi: +1.98
- A possible bottom here for: BBT, BPZ, EEFT, FUQI, GE, HCBK, NOK
- Trying to bottom out in this area: $SPX, $XOI, ACF, COST, CSIQ, DVY, GOOG, IYY, PAYX, PG, QLD, QQQQ, SCHG, TAN, USD, WFR
- Extremely oversold: FUQI and GE
- Oversold: AVAV, CAKE, CNK, DELL, F
- Moderately oversold: $DJX, $IIX, $OEX, $SPX, $XOI, A, AA, ACAS, ACH, AMAT, AMSC, B, EWA, GLW, GPC, KO, PHI, RBS, SPWRA, URE, USD
- Now trying to hold some rising trendline support: OCR and TOT
- Attempting to hold the 65 DMA here: IBM and LUFK
- Attempting to hold the 28 day: EWI and T
- Now up against rising trendline resistance: NEM and SUN
- Now up against the 28 day: FCX
- Up against falling trendline resistance: DM, EEFT, ELN, ENER, JASO, PGM, SLV
- Now up against the 65 day: UGA
- Moderately overbought: GG and QID
- Overbought: GDX and SLW
- Toppy here: $GOLD-weekly chart.
- Anything posted here may be off base.
Friday, June 25, 2010
T.A. update for the open, June 25, 2010.
- Yi: +1.80
- A possible bottom here for: $BDI
- Now trying to bottom out in this area: $GASO, $IIX, $OEX, $SPX, $XOI, A, BAC, CBK, CNK, COGO, DDM, EEFT, ELN, ENER, FUQI, GE, GMR, IRF, IWM, JASO, LDK, LMT, MBI, MEOH, MFE, NM, PBW, PBY, PHI, PTEN, RAIL, ROK, SCHA, SCHG, SDTH, SKS, SSO, STX, TLB, UYG, VFC
- Oversold: ACF, BBT, EEFT, ELN, ENER, PAYX, SDTH, STX, WDC, WFC
- Moderately oversold: $BDI-weekly, $IIX, $OEX, $SPX, $XOI, A, AVP, C, CBZ, CHK, CLF, COGO, COST, CREE, CSL, DDM, DVY, EWI, EWJ, FRO, FSLR, GE, GMR, GOOG, IDA, IRF, IYY, KBE, LDK, LPL, MBI, MEOH, MFE, NWL, OCR, PBW, PEP, PLL, PTEN, QLD, QQQQ, RAIL, ROK, SCHA, SCHG, SKS, SSO, TAN, TOT, USB, UYG, WATG, WFC, WFR, WHR, XLF, XLU, XOP
- Trying to hold some rising trendline support: ACH, COST, LUFK
- Attempting to hold the 65 day: CTB, HOGS, MKC
- Attempting to hold the 28 DMA here: AVP, CHK, PGM, RBS
- Now up against falling trendline resistance: $VIX
- Anything posted here may be off base.
Thursday, June 24, 2010
T.A. update for the open, June 24, 2010.
- Yi: +2.67
- Now trying to bottom out: $BDI and $HGX
- Oversold: $HGX and SWK
- Moderately oversold: AVAV, BAC, EXP, FCX, GMR, PHI, RAIL, RGLD, URE, USD
- Trying to hold some rising trendline support: $GASO, $WTIC, $XAU, AEM, ASA, C, FUQI, PTR
- Attempting to hold the 28 DMA here: $DJX, $IIX, UGA
- Trying to hold falling trendline support: STX and WY
- Up against falling trendline resistance: LEN
- Up against the 65 day: RBS
- Moderately overbought here: SHI
- Anything posted here may be off base.
Wednesday, June 23, 2010
T.A. update for the open, June 23, 2010.
- YI: +2.85
- Trying to bottom out here: BBT, MTH, TLB, WDC
- Extremely oversold: SHLD and WY
- Oversold: $BDI, CBK, LEN, MTH, PBY, TLB
- Moderately oversold: CAKE, CNK, CREE, IWM, JASO, JOSB, LMT, NM, PG, SEED, SKS, TKR, VFC, WDC, WOR, WSO
- Trying to hold some rising trendline support: EGO, GDX, GE, HCBK, PEP, SSRI, SYY, TIE, V, XLU
- Attempting to hold the 65 day: DM and NTES
- Attempting to hold the 28 DMA here: $IIX, $OEX, A, DDM, GLD, OGE, SU, XOP
- Now trying to hold falling trendline support: LOW
- Moderately overbought: $PLAT and UGB
- Toppy: $GOLD-weekly chart and CTB
- Anything posted here may be off base.
Tuesday, June 22, 2010
T.A. update for the open, June 22, 2010.
- Yi: +3.49
- Now trying to bottom out: $VIX and LEN
- Up against the 28 day: GE, MBI, PRBLX-weekly
- Up against the 65 DMA here: $DJX, $GASO, A, BA, DDM, GF, HCBK, IWM, LPL, QLD, RJA, SPWRA, V
- Moderately overbought now: $DJX, $WTIC, $XOI, GF, IFN, KO, MOT, PTR, SHI, TAN, WHR
- Now trying to hold some rising trendline support: MKC
- Attempting to hold the 28 DMA here: FUQI
- Overbought: $GOLD-weekly chart and LUFK
- Toppy here: $NYA50R, $XAU, AAPL, AVP, GPC, IDA
- A break out in either direction is on the way for: MFE
- Anything posted here may be off base.
Monday, June 21, 2010
T.A. update for the open, June 21, 2010.
- Yi: +3.73
- Now trying to bottom out: ACF and ELY
- Moderately oversold: $USD and GMR
- Up against falling trendline resistance: PEP
- Up against the 65 DMA: $GASO, AXP, KO, OGE
- Moderately overbought now: IBM, KFT, KGC, NST, QLD, SPWRA
- Overbought: AEM, GDX, GIS, GLD, MKC, NEM, RGLD, SLW
- Toppy here: GLD, IBM, NST
- A break out in either direction is on the way for: PG
- Anything posted here may be off base.
Friday, June 18, 2010
T.A. update for the open, June 18, 2010.
- Yi: +3.65
- Trying to bottom out here: QID
- Extremely oversold: ELY
- Oversold: LOW
- Now trying to hold some rising trendline support: F
- Attempting to hold the 65 DMA here: JOSB
- Trying to hold falling trendline support: NOK
- Up against rising trendline resistance: $GOLD-weekly chart.
- Up against falling trendline resistance: GOOG
- Up against the 65 DMA here: $WTIC, AXP, MMC, PEP, QQQQ, RJA, TOT, UGA
- Now overbought: AAPL
- Moderately overbought now: $OEX, A, AMAT, ASA, DM, FSLR, IWM, NST, PEP, QQQQ, SSO, USD
- Toppy here: BMY, CAT, DDM, PEG, SU, SUN
- Anything posted here may be off base.
Thursday, June 17, 2010
T.A. update for the open, June 17, 2010.
- Yi: +3.5
- Now moderately oversold: $VIX and QID
- Attempting to hold the 65 DMA here: $VIX
- Up against rising trendline resistance: AAPL
- Up against the 28 day: $OEX, EWJ, PAYX, PGM, XLF
- Up against falling trendline resistance: $HGX, $XOI, ARM, BBT, CSIQ, CSL, DELL, ENER, FUQI, IYY, LEN, MBI, MSCC, NST, PAYX, SHI, SPWRA, UGP, UYG, WOR
- Up against the 65 DMA here: $CRB, $IIX, COST, CREE, FSLR, IFN, KFT, KGC, LMT, MEOH, MMC, PLL, SKA, T, TKR, VFC
- Moderately overbought now: $CRB, $DJW, $DJX, $GASO, $IIX, $NYA50R, $SPX, ACAS, AVP, EWA, GLW, HOGS, IDA, JOSB, LUFK, MEOH, NAT, TOT, TSL, URE, VFC, VOD, XLU, XOP
- Overbought: PEG, RGLD, SUN, TIE
- Toppy here: BA, FRO, TIE
- Anything posted here may be off base.
Wednesday, June 16, 2010
T.A. update for the open, June 16, 2010.
- Yi: +3.51
- Now trying to hold some rising trendline support: ABX
- Attempting to hold the 65 DMA here: $BDI-weekly
- Now up against the 28 day: B, CNK, DM, FCX
- Up against falling trendline resistance: CBZ, DM, EWA, F
- Now up against the 65 day: AMAT, AVAV, AXP, CAT, DVY, EXP, FXI, GLW, GPC
- Moderately overbought now: $WTIC, AMSC, ARM, BA, CAT, CHK, CLF, COST, CSL, CTB, DDM, EWI, FRO, FXI, GPC
- Toppy here: GIS
- More later. Anything posted here may be off base.
Tuesday, June 15, 2010
Monday, June 14, 2010
T.A. update for the open, June 14, 2010.
- Yi: +2.43
- A probable bottom here for: ENER
- A possible bottom here for: SHLD
- Moderately oversold now: $BDI
- Attempting to hold the 65 DMA here: PRBLX-weekly
- Attempting to hold the 28 day: $GOLD and GLD
- Trying to hold falling trendline support: ELN
- Up against the 28 DMA here: $IIX, FUQI, GF, TSL, WHR
- Now up against some falling trendline resistance: $DJX, $OEX, AXP, C, CLF, CREE, DVY, GE, HOGS, IWM, IYY, KO, LEN, LOW, MBI, PBW, RBS, V, WDC, WY
- Now up against the 65 day: MOT, SEED, SSRI, T, UGP, URE, V, VOD
- Moderately overbought now: FXI, MKC, PLL, RGLD, SYY
- Toppy here: GIS
- A break out in either direction is on the way for: GG
- Anything posted here may be off base.
Friday, June 11, 2010
T.A. update for the open, June 9, 2010.
- Yi: +2.18
- Now trying to bottom out: BPOP, COGO, ELY, ENER
- Attempting to hold the 65 DMA here: $BDI and the $DJW-weekly.
- Now up against some falling trendline resistance: $NYA50R, $OEX, $PLAT, $SPX, $XOI, B, CAT, DELL
- Up against the 65 DMA here: ACAS
- Up against the 28 day: AXP, EWI, GF
- Moderately overbought now: AVP
- A break out in either direction is on the way for: AVAV
- Anything posted here may be way off base.
Thursday, June 10, 2010
T.A. update for the open, June 10, 2010.
- Yi: +0.6
- A possible bottom here for: JASO
- Trying to bottom out here: CSIQ, LDK, MSCC, OCR
- Moderately oversold here: AMSC
- Now trying to hold some rising trendline support: $VIX
- Trying to hold falling trendline support: EXP
- Up against the 28 DMA here: AVP
- Up against falling trendline resistance: AA, CAKE, CNK, DDM, KBE
- Moderately overbought: BGS and BMY
- More later. Anything posted here may be off base.
Wednesday, June 9, 2010
T.A. update for the open, June 9, 2010.
- Yi: +0.92 (And so far, the zero line is holding, which would be at least a short term positive for the market.)
- A possible bottom here for: AXP, CAT, GE, HOGS
- Trying to bottom out in this area: $OEX, $PLAT, $XOI, AA, ACH, B, BA, BBT, BPZ, CBK, CREE, DM, FSLR, FUQI, GMR, IDA, IRF, IWM, IYY, KBE, LEN, LMT, LOW, MEOH, MMC, MOT, MTH
- Average oversold: $SPX, $XOI, CBK, ELN, ELY, MBI, MTH
- Moderately oversold now: $GASO, $IIX, COGO, IBM
- Attempting to hold the 65 DMA here: AAPL
- Now trying to hold falling trendline support: $DJX, A, ACAS
- Up against the 28 DMA here: AEM and ASA
- Up against falling trendline resistance: $XAU and CLF
- Moderately overbought: EGO, GDX, GG, GIS
- Toppy here: $GOLD and GLD
- A possible top here for: $USD
- Anything posted here may be off base.
Tuesday, June 8, 2010
T.A. update for the open, June 8, 2010.
- Yi: +0.32 (We are very close to the zero line now, which sometimes acts as an area of support for the market, and if not, then we may have to see the -4 or -5 area.)
- Probable bottom here for: NOK
- Trying to bottom out here: $CRB, $DJW, $HGX, $IIX, $NYA50R, $SPX, A, ACF, AXP, DDM, EWA, EWI, FCX, GPC, PGM, RJI, RJZ, TSM
- Extremely oversold: ACH, BPZ, X
- Normal oversold: $HGX, $OEX, $PLAT, A, ACF, AXP, BA, BAC, CAT, CLF, DDM, FCX, FUQI, KBE, LMT, MSCC, MTH, QLD, ROK, SSO, TKR, UYG, WATG, WFR, WOR, WY, XLF
- Moderately oversold: $WTIC, CSL, CTB, DM, F, PEP, PGM, QQQQ, UGP, WSO
- Now trying to hold some rising trendline support: AMAT, AMSC, COST, KFT
- Trying to hold falling trendline support: AA, B, BA
- Now up against the 65 DMA: AEM and ASA
- Moderately overbought: $VIX and BMY
- Overbought: GLD
- Extremely overbought: $USD
- Anything posted here may be off base.
Monday, June 7, 2010
T.A. update for the open, June 7, 2010.
- Yi: +1
- Average oversold: ACH, RJI, RJZ
- Moderately oversold in this area: A, ACF, BBT, CAT, CBK, CLF, COST, DVY, EWA, EXP, FXI, GPC, IDA, IWM, LOW, OGE, PEP, PG, SHI, SSRI, T
- Now trying to hold some rising trendline support: $IIX and URE
- Attempting to hold the 65 DMA here: BGS and SLW
- Attempting to hold the 28 DMA here: $GOLD, AAPL, ABX, GLD
- Now trying to hold falling trendline support: EWI
- Now up against the 28 day: CBZ
- Up against falling trendline resistance: $WTIC
- Moderately overbought now: CHK
- Anything posted here may be off base.
Friday, June 4, 2010
T.A. update for the open, June 3, 2010.
- Yi: +2.61
- A possible bottom here for: EEFT
- Now trying to bottom out: AVP and EWJ
- Attempting to hold the 65 DMA here: QID and TLB
- Up against the 28 DMA here: $IIX, GF, GOOG
- Now up against some falling trendline resistance: $NYA50R, $OEX, CAT, CSL, DELL, EWJ, GLW, IWM, KO, OGE, PLL, QLD, QQQQ, RAIL, SUN, SWK
- Up against the 65 day: IBM and SU
- Moderately overbought: FRO, GIS, LUFK, MKC, TIE
- Toppy here: FRO
- A possible top here for: AAPL
- Anything posted here may be off base.
Thursday, June 3, 2010
T.A. update for June 3, 2010.
- Yi: +2.37
- A possible bottom here for: CSCO
- Now trying to bottom out: $CRB, CNK, DELL
- Extremely oversold: CSIQ
- Attempting to hold the 65 DMA here: DM
- Up against falling trendline resistance: AA and DDM
- Up against the 65 DMA here: AEM and ASA
- Moderately overbought: ARM
- Toppy here: $GOLD and AAPL
- Anything posted here may be off base.
Wednesday, June 2, 2010
T.A. update for the open, June 2, 2010.
- Yi: +0.95
- Oversold: STX
- Attempting to hold the 65 DMA here: RGLD
- Now trying to hold falling trendline support: RJA
- Now up against some falling trendline resistance: GOOG, PBY, PHI, PTR, SYY
- Up against the 65 DMA here: LOW, MBI, PTEN, SEED
- Moderately overbought now: AAPL, ABX, BGS, NEM
- Anything posted here may be off base.
Tuesday, June 1, 2010
T.A. update for June 1, 2010.
- 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.
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.
Friday, April 30, 2010
T.A. update for the open, April 30, 2010.
- Yi: +8.53
- A possible bottom here for: NOK
- Trying to bottom out in this area: ELN, EWI, SPWRA, TOT
- Now trying to hold some rising trendline support: CREE, CSL, NM, TSM
- Attempting to hold the 65 DMA here: AVP and OCR
- Up against rising trendline resistance: IDA, NEM, TSL, VFC
- Now trying to break above some falling trendline resistance: EWA and KBE
- Moderately overbought: $XAU and LEN
- Overbought: ABX, AEM, ASA, EGO, FSLR, GDX, GG, MTH
- Extremely overbought: TKR
- Anything posted here may be off base.
Thursday, April 29, 2010
T.A. update for the open, April 29, 2010.
- Yi: +7.75
- A possible bottom here for: CSIQ
- Trying to bottom out in this area: ACH and GOOG
- Oversold: EEFT, EWI, SPWRA
- Moderately oversold now: AA, ACH, COST, SEED, TOT
- Now trying to hold some rising trendline support: $HGX, $WTIC, ACAS, AVP, AXP, BA, CHK, DELL, ELY, EXP, JOSB, MMC, NTES, PBW, PG, ROK, USD
- Attempting to hold the 65 DMA here: $CRB, AVAV, COGO, KFT, SDTH, SHI, TSM
- Attempting to hold the 28 day: $DJX, $OEX, ACF, CNK, PGM, PRBLX, QQQQ, T
- Trying to hold falling trendline support: BPZ
- Up against rising trendline resistance: $GOLD and SSRI
- Moderately overbought now: $USD, ABX, GG, GLD, KGC, RGLD
- Overbought: SLW
- A break out in either direction is on the way for: WOR
- Anything posted here may be off base.
Wednesday, April 28, 2010
T.A. update for the open, April 28, 2010.
- Yi: +7.35
- Moderately oversold: ACH, BMY, FCX, FXI, KO, MEOH, PTR
- Trying to hold rising trendline support: $CRB, $DJW-weekly, $SOX, $XOI, B, BAC, BGS, BPOP, C, CAT, CSCO, F, FSLR, KBE, LMT, MKC, NAT, PTEN, QQQQ, RAIL, RJZ, SEED, SLV, SU, V, WATG
- Attempting to hold the 65 DMA here: EWA, FXI, PEP, X
- Attempting to hold the 28 day: $IIX, DDM, GE, SSO, WFC
- Now trying to hold falling trendline support: ENER
- Up against rising trendline resistance: GLD
- Moderately overbought now: $VIX
- Toppy here: A and SWK
- A break out in either direction is on the way for: CBK
- Anything posted here may be off base.
Tuesday, April 27, 2010
T.A. update for the open, April 27, 2010.
- Yi: +8.73
- Trying to bottom out in this area: QCOM
- Moderately oversold: ELN and GOOG
- Now trying to hold some rising trendline support: AVAV
- Moderately overbought: EGO, GDX, GLW, MTH, PLL, SLV
- Overbought: EXP, F, NM, SHLD, SWK, SYY
- Extremely overbought: CAT, IWM, JOSB, TLB
- Toppy here: $SOX, $SPX, B, CSCO, CSL, EXP, IWM, JOSB, MKC
- A possible top here for: ARM, RAIL, SLW
- A probable top here for: $DJX, AAPL, OGE, PBY, RBS, ROK, SCHA, SCHG, SKS, TKR
- Has gone parabolic: CAT and WHR
- Anything posted here may be off base.
Monday, April 26, 2010
T.A. update for the open of April 26, 2010.
- Yi: +9
- Trying to hold rising trendline support: CBK
- Up against rising trendline resistance: $SPX, AEM, ARM
- Trying to break above some falling trendline resistance: BPZ
- Attempting to break above the 65 DMA here: CHK
- Moderately overbought now: $USD, ASA, B
- A possible top here for: $HGX, AAPL, AXP
- A break out in either direction is on the way for: $BDI
- Anything posted here may be off base.
Friday, April 23, 2010
T.A. update for April 23, 2010.
- Yi: +8.7
- Now trying to bottom out: CSIQ and FUQI
- Oversold: NOK
- Moderately oversold: BMY, EWI, QCOM, TOT
- Trying to hold rising trendline support: IRF and MSCC
- Attempting to hold the 65 DMA here: MOT
- Attempting to hold the 28 day: GF, T, VOD
- Up against rising trendline resistance: B, IWM, LPL, ROK, SCHA
- Trying to break above falling trendline resistance: NEM and SHI
- Moderately overbought now: BA, MKC, PTEN, UGP
- Overbought: CSL, LEN, LPL, NWL, URE, V, WSO
- Extremely overbought: EXP, VFC, WHR, WY
- A probable top here for: JASO
- Has gone parabolic: $HGX, AAPL, MBI
- Anything posted here may be off base.
Thursday, April 22, 2010
T.A. update for the open, April 22, 2010.
- Yi: +8.6
- Trying to bottom out in this area: $VIX
- Oversold: CSIQ
- Moderately oversold: PHI and RGLD
- Trying to hold rising trendline support: LUFK
- Attempting to hold the 65 DMA: PHI
- Attempting to hold the 28 DMA: TSL
- Moderately overbought: AVAV, EEFT, GMR, LMT, T
- Overbought: CTB
- Extremely overbought: $HGX
- Toppy here: ACAS and RBS
- Going parabolic: AAPL
- Anything posted here may be off base.
Wednesday, April 21, 2010
T.A. update for the open, April 21, 2010.
- Yi: +8.54
- Trying to hold rising trendline support: $DJW-weekly and AA
- Attempting to hold the 65 DMA here: $CRB and ACH
- Attempting to hold the 28 day: $GOLD
- Trying to break above falling trendline resistance: $USD
- Attempting to break above the 65 day: COST
- Moderately overbought: COGO and EEFT
- Overbought: A
- More later. Anything posted here may be off base.
Tuesday, April 20, 2010
T.A. update for the open, April 20, 2010.
- Yi: +8.15
- Now trying to bottom out in this area: COST
- Moderately oversold: AA, ACH, CHK, CSIQ, FXI, GDX, GOOG, NTES, WOR, X
- Trying to hold rising trendline support: $CRB, $XOI, AA, BGS, CAKE, ELY, FSLR, HCBK, KFT, NEM, PAYX, PBW, PTEN, QQQQ, SKS, SWK, TOT, TSM, V, VFC, VOD, WATG, XLU, YGE
- Attempting to hold the 65 DMA here: $XAU, ABX, ELN, EWI, FCX, GG, IFN, MFE, PTR, SSRI, X
- Attempting to hold the 28 DMA here: $IIX, AEM, BMY, EWJ, UYG, WFR
- Trying to hold falling trendline support: MTH
- Attempting to break above the 28 day: AVAV
- Attempting to break above the 65 day: $VIX
- Toppy here: MBI, PBY, TLB
- Anything posted here may be off base.
Monday, April 19, 2010
T.A. update for the open, April 19, 2010.
- Yi: +7.9
- Moderately oversold: NTES
- Now trying to hold rising trendline support: $GASO, $IIX, ACAS, ARM, DDM, ELN, GE, GF, IFN, IYY, KBE, NAT, NM, SLV, SYY, T, USB, XLU
- Attempting to hold the 65 DMA here: BMY
- Trying to break above falling trendline resistance: CTB and F
- Attempting to break above the 65 DMA here: RJA
- Moderately overbought now: A, LDK, NST
- Overbought: AMAT, CAT, FSLR, IRF, RBS
- Extremely overbought: MBI
- Toppy here: $DJW-weekly, DELL, JOSB, LOW, PRBLX-weekly, WSO
- A possible top here for: CBK
- A break out in either direction is on the way for: PEP
- Anything posted here may be off base.
Friday, April 16, 2010
T.A. update for April 16, 2010.
- Yi: +8.8 (the highest reading in history) If this is not bearish, I don't know what is.
- Up against rising trendline resistance: $CRB
- Overbought: $SOX, $SPX, $XOI
- Toppy: $HGX, $SOX, $SPX, $XOI
- There may or may not be more later. Anything posted here may be off base.
Thursday, April 15, 2010
T.A. update for the open, April 15, 2010.
- Yi: +8.7 (Can it make it to ten?)
- Moderately oversold now: COST
- Trying to hold rising trendline support: ACH, CSIQ, LMT
- Attempting to hold the 65 DMA here: $USD, AA, AVP, MEOH, UGP
- Up against rising trendline resistance: DVY, GF, GPC, IFN
- Trying to break above falling trendline resistance: BPZ
- Moderately overbought: CTB, ELN, GOOG, RJI, TSM
- Overbought: LOW, NWL, PBY, QLD, QQQQ, RAIL, SCHA, SCHB, SWK, USB
- Extremely overbought: BPOP, CBK, KBE, XLF
- Toppy here: ELN, MBI, NWL, OCR, SKS, URE, VFC
- Going parabolic: KBE
- Anything posted here may be off base.
Wednesday, April 14, 2010
T.A. update for the open, August 14, 2009.
- Yi: +8.1
- Now trying to hold rising trendline support: $BDI-weekly and $WTIC
- Attempting to hold the 28 DMA here: CNK
- Up against rising trendline resistance: ELN
- Trying to break above falling trendline resistance: $VIX
- Attempting to break above the 65 DMA here: $USD
- Toppy here: ACF, ARM, CAT, CREE
- Going parabolic: AXP
- A break out in either direction is on the way for: ENER
- More later. Anything posted here may be off base.
Tuesday, April 13, 2010
T.A. update for the open, April 13, 2010.
- Yi: +8.1
- Now trying to hold some rising trendline support: BGS
- Up against rising trendline resistance: $SPX, $XOI, AVP, BBT
- Overbought now: C
- Extremely overbought: CAT
- Toppy here: $DJX, $GOLD, $IIX, $XOI, AAPL, ASA
- A break out in either direction is on the way for: BPZ
- More later. Anything posted here may be off base.
Monday, April 12, 2010
T.A. update for the open of April 12, 2010.
- Yi: +8
- Now trying to bottom out: AVAV and MTH
- Attempting to hold some rising trendline support: AA, ARM, GLW, JASO, SKS, TSM
- Attempting to hold the 65 DMA here: $CRB and F
- Trying to hold falling trendline support: BPZ
- Up against rising trendline resistance: $DJX and CREE
- Attempting to break above the 28 DMA here: CHK
- Now trying to break above falling trendline resistance: GMR
- Attempting to break above the 65 DMA here: GIS and NTES
- Moderately overbought: $XAU, ABX, LOW, MKC, PHI, PTR, WDC
- Overbought: ASA, ELY, EXP, FRO, FXI, GDX, RGLD
- Toppy here: $PLAT, ABX, GLD, LOW
- A possible top here for: BBT
- A break out in either direction is on the way for: YGE
- Anything posted here may be off base.
Friday, April 9, 2010
T.A. update for April 9, 2010.
- Yi: +7.6
- Moderately oversold: AVAV and MTH
- Trying to hold some rising trendline support: $GASO, DVY, URE, USD, WY
- Attempting to hold the 65 DMA here: CTB, MFE, PAYX, PG
- Attempting to hold the 28 day: $HGX, A, UGA
- Up against rising trendline resistance: B and PBW
- Trying to break above some falling trendline resistance: RJA
- Attempting to break above the 65 DMA: TAN
- Moderately overbought: $GOLD, $USD, FSLR, GG, LDK, TSL
- Extremely overbought: $PLAT
- Toppy here: BBT and BPOP
- Anything posted here may not be entirely accurate.
Thursday, April 8, 2010
T.A. update for the open, April 8, 2010.
- Yi: +7.45
- Moderately oversold: GIS
- Now trying to hold some rising trendline support: B and EXP
- Attempting to hold the 65 DMA here: F
- Attempting to break above the 65 day: KGC
- Moderately overbought: AA, ACH, AEM, CSIQ, GLD, JASO
- Overbought: ACF, AXP, DELL
- Extremely overbought: AAPL
- Toppy here: $NYA50R, $OEX, $SPX, ACAS, BAC, BBT, DELL, FRO, GF, JOSB, KBE
- Anything posted here may be off base.
Wednesday, April 7, 2010
T.A. update for the open, April 7, 2010.
- Yi: +7.8
- Trying to bottom out here: ENER
- Now trying to hold some rising trendline support: KFT and LMT
- Trying to hold falling trendline support: $VIX
- Now up against rising trendline resistance: WHR
- Trying to break above some falling trendline resistance: AEM and PHI
- Attempting to break above the 65 DMA here: STX and WDC
- Moderately overbought now: $CRB, $GOLD, $XOI, COST, IDA, IFN, MEOH, NAT, NWL, PEG, RAIL, RJI, RJZ, ROK, SSRI, SU, SWK, WATG, WSO, XOP
- Overbought: $GASO, $WTIC, BPOP, IWM, MBI, SCHA, SCHB, URE, USB, WY, X
- Extremely overbought: ACAS and VFC
- Toppy here: $DJX, $WTIC, $XOI, ACAS, CBK, CLF, DDM, FCX, FXI, TKR, UGA, XOP
- A break out in either direction is on the way for: IBM
- More later. Anything posted here may be off base.
Tuesday, April 6, 2010
T.A. update for the open, April 6, 2010.
- Yi: +7.67
- Trying to bottom out in this area: FUQI
- Attempting to hold the 28 DMA here: $USD
- Up against rising trendline resistance: $GASO and ARM
- Attempting to break above the 28 DMA here: CHK
- Trying to break above some falling trendline resistance: $GOLD and ABX
- Attempting to break above the 65 DMA here: ACH
- Moderately overbought now: $XAU, ABX, ASA, FRO, GDX, GF, GLW, GOOG, GPC, OCR, PTR, RGLD, SHI, SUN, UGA
- Overbought: CBK, CREE, FCX, FXI, LPL, LUFK, NEM, RBS, TLB
- Toppy here: BMY and NOK
- Has gone "parabolic": JOSB
- Anything posted here may be off base.
Monday, April 5, 2010
T.A. update for the open, April 5, 2010.
- Yi: +7.2
- Now trying to bottom out in this area: NTES
- Trying to hold some rising trendline support here: $HGX, AVAV, BA, C, SHLD, WATG
- Attempting to hold the 65 day moving average: COST and CTB
- Up against rising trendline resistance: NEM, NOK, RBS
- Trying to break above falling trendline resistance: GG and GOOG
- Attempting to break above the 65 DMA here: CSIQ and TOT
- Moderately overbought now: IRF, KO, NM, PGM, SLV, SYY, UGP
- Toppy here: WFR
- Anything posted here may be off base.
Thursday, April 1, 2010
T.A. update for the open, April 1, 2010.
- Yi: +6.81
- Now trying to bottom out: $BDI and the $VIX
- Moderately oversold now: NTES, PHI, STX
- Trying to hold some rising trendline support: $SOX, $SPX, A, ARM, GMR, IYY, KBE, LDK, SKS, USB, WDC
- Attempting to hold the 65 DMA here: MFE, PAYX, T
- Attempting to hold the 28 day: WHR
- Up against rising trendline resistance: NM and NOK
- Trying to break above some falling trendline resistance: $CRB, $GOLD, $XAU, $XOI, GLD, KGC, SHI
- Attempting to break above the 65 day: PBW
- Moderately overbought now: $GASO, $PLAT, AMAT, BGS, EXP, FSLR, IRF, JASO, LPL, MSCC, PLL, VOD
- Overbought: OGE
- Extremely overbought: JOSB
- A possible top here for: $DJX and A
- A break out in either direction is on the way for: SCHA
- Anything posted here may be off base.
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