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11am: XAU to no position.
****CORRECTION**** I neglected to post this morning that the QQQ and SOX hourly charts went to a buy signal at yesterday's close of regular trading hours.
YI: +3.5
To buy: CREE-hourly and IVAN
Trying to bottom out: ABS, MU, NTAP, PMCS, and STMP
Oversold: ETS and FDP
Moderately oversold: CY, INTC, KLIC, MER, NSM, NVLS, SOX index, and TQNT
Trying to hold rising trend line support: DJ-30, ERICY, EWC, GPT, GR, LSS, MCD, RI, T, and WHR
Trying to hold on to falling trend line support: MOT and NTES
Trying to hold the 28 DMA: BTK index, FTO, RMCF, SGDE, and SO
To no position: DO, E-Mini 500, GE, IIX index, and Platinum.
To hold: RGLD
Trying to break above falling trend line resistance: PNRA, US Dollar, and VZ
Moderately overbought: WIN
Overbought: LYO and TGA
Extremely overbought: PTR and X
Up against rising trend line resistance: PPG
Possible top here: CRB Index, EOG, gold the precious yellow, and OXY
To sell: EWP, EWU, and SNA
Break out in either direction on the way: DPH
And as is always the case of course, anything posted above could be way off base, depending on market conditions and system or human error.
10am: CREE trying to hold some rising trend line support here, QQQ is moderately oversold, and the SOX is extremely oversold.
YI: +3.5
Trying to bottom out here: FOX, JOSB, KMX, PNRA, and RSH
Oversod now: NTAP
Moderately oversold: AMCC, AMD, and STMP
Trying to hold rising trend line support: ACAS, AMZN, AWRE, BMY, CSCO, EWM, IBM, NI, S, SRE, and XMSR
Trying to hold the 28 DMA: BKS, CX, DHF, FBR, RI, SFP, SUNW, and TMO
To no position: ABY, AMD, BFR, BONZ, DUK, EWP, MSSN, S, and the XAU-hourly.
To hold: PDE
Trying to break above falling trend line resistance: AYE, CPB, DYN, and WY
Trying to break above the 28 DMA: MSSN
Moserately overbought: DUK, HAL, LMT, and TESOF
Overbought: BFR, BMS, DBLE, Heating Oil, PCL, RIG, SFY, SVM, and WOR
Possible top here: ECA, IDA, and the OSX index.
To sell: HSY, N, Platinum, the UTY index, AND WGII
Break out in either direction on the way: AEM, APPB, CCC, CHRZ, MBG, and PVN
All of the previous disclaimers apply to the above work.
2pm: Under whipsaw conditions, XAU to buy.
11am: CREE to hold, OEX, QQQ, and SOX to no position, and the XAU to sell.
YI: +4
To buy: JNJ, SOX-Hourly, and the XAU-Hourly at 3pm yesterday.
Trying to bottom out: CTXS, PETM, SFA, SNDK, and THQI
Extremely oversold: JOSB
Oversold: BBA, PNRA, SNDK, and VISG
Moderately oversold: FOX, GLW, KMX, LSI, PMCS, QLGC, RFMD, RHAT, SHRP, SKS, SMH, SMTC, and UST
Trying to hold rising trend line support: ABS, BONZ, DRG index, HUM, KLIC, MBG, NET, NXTL, PBI, PER, RGLD, RI, RJR, SUN, and SWC
Trying to hold falling trend line support: HD, TSS, WB, WDC, and WMB
Trying to hold the 28 DMA: AEM, ARMF, ASA, BBBY, CIEN, ERICY, EWJ, HSY, IRF, JCP, MTF, PBY, PRGX, the QQQ, the RUT, the XCI index, YHOO, and YUM
To no position: IRF, SO, and the VXO
Trying to break above falling trend line resistance: CCC
Trying to break above the 28 DMA: VXO
Moderately overbought: DO, OSX index, PDE, QCOM, and SRE
Up against rising trend line resistance: Heating Oil and MDC
Possible top here: SU
Break out in either direction on the way: ACF, ALEX, ASIA, BNBN, and RNR
All of the previous disclaimers apply to the above work.
10am: OEX and QQQ to buy under whipsaw conditions, while the SOX was trying to break above falling trend line resistance before a buy signal would be issued...
YI: +3.5
To buy: AHO
Trying to bottom out: CBK and CREE
Oversold: MU and PETM
Trying to hold rising trend line support: BA, CAKE, CY, EWI, GFI, Heating Oil, HLR, HPQ, HSY, JNPR, and TXU
Trying to hold falling trend line support: CTXS
Trying to hold the 28 DMA: ABS, ACF, API, CARS, HMY, IWM, PVM, and XMSR
To no position: DOH, HMC, RDC, and T
Trying to break above the 28 DMA: RDC
Moderarely overbought: ABY, EOG, IBM, and WMB
Overbought: BR, EWC, EWD, SLE, XNG index, and the XOI index.
Up against horizontal trend line resistance: UTY index.
Up against rising trend line resistance: FBR and WOR
Possible top here: BMS, DJ-30, and X
To sell: S&P-500 and XRX
Break out in either direction on the way: ADP, BCON, NXL, PMRY, and WTS
Anything posted above may be way off base of course, depending on market conditions and system or human error.
3pm: CREE trying to break above falling trend line resistance, QQQ trying to hold falling trend line support, and the XAU was trying to break above falling trend line resistance with another short term top possibly in place.
10am: CREE was trying to break above falling trend line resistance, OEX to sell under whipsaw conditions, and the QQQ was up against rising trend line resistance.
YI: +4
To buy: CREE-Hourly
Trying to bottom out: US Dollar
Oversold: IVAN
Moderately oversold: CBK, CREE, FDP, GYMB, HD, RSH, and WDC
Trying to hold rising trend line support: AEM, AU, CCC, EELN, EMC, EWY, FTO, GE, GLW, IDA, JOSB, LU, MCRS, MEX index, NST, NTAP, PEP, RFMD, SEBL, SMH, SO, SOX index, SSTI, X, and the XAU-Hourly.
Trying to hold horizontal trend line support: FOX
Trying to hold falling trend line support: AHO
Trying to hold the 28 DMA: AHR, ALEX, AMD, ASIA, CSTR, EBAY, ENR, FLEX, JNPR, MAT, NI, NSM, NST, PEG, SBUX, SMTC, SSTI, STMP, TQNT, and YCC
To no position: AMTD, BMY, EWM, MDT, OEX-Hourly, PLUG, SGP, WDR, WY, and XRX
To hold: IFX
Trying to break above falling trend line resistance: JNJ and PHI
Trying to break above the 28 DMA: TESOF and VIGN
Moderately overbought: DPH, ECA, ELN, EWA, KO, MDT, ORCL, SGP, and WY
Overbought: CRB Index, Gold the precious yellow, GM, and RHB
Possible top here: XEL
To sell: EWP, HUM, MDC, and the VXO
Break out in either direction on the way: TE
And as is always the case of course, any of the above signals or TA opinions may be way off base, depending on market conditions and system or human error.
3pm: OEX trying to hold the 28 day moving average, SOX now moderately oversold.
2pm: OEX to sell.
1pm: XAU to no position from the previous sell signal...
11am: OEX, QQQ, and the SOX all to no position.
10am: CREE moderately oversold, OEX trying to hold the 28 DMA...
10am: CREE moderately oversold, OEX trying to hold the 28 DMA...
Late signals from yesterday: OEX and QQQ to sell at 3pm.
YI: +3.5
Oversold: THQI
Moderately oversold: JNJ
Trying to hold rising trend line support: AMCC, BKS, CHRZ, DJ-30, MU, NLY, PBY, RSH, and SHRP
Trying to hold the 28 DMA: CUM, DUK, and VRTS
To no position: AHR, GTW, KEA, KMX, LSS, NET, OSX index, PEG, RIG, STMP, and WOR
To hold: AAPL and PNRA
Trying to break above falling trend line resistance: PRGX and SFP
Trying to break above the 28 DMA: CPB, CPN, DELL, PBI, PDE, and SFA
Moderately overbought: CHK, CX, LSS, LYO, POM, RIG, SEBL, SFY, T, TRF, USU, and XLU
Overbought: CSCO, MCD, OXY, and TAXI
Extremely overbought: EWI, NEM, PGF, Platinum, and SWC
Up against rising trend line resistance: GE
Possible top here: AA, ALTI, CAKE, EWD, EWP, HUM, PDG, RADN, RI, RJR, RMCF, SGDE, SNA, S&P-500, TKR, TSS, TYC, VGR, WB, XAU index, and the XOI index.
To sell: AMD, E-Mini-500, IIX index, IRF, SUN, and YCC
Break out in either direction on the way: BA, JWN, and LVLT
All of the previous disclaimers apply to the above work.
11am: CREE trying to break above the 28 DMA, and the XAU to a sell signal.
10am: Once again, rising trend line support has cancelled a sell signal for the OEX index... Under whipsaw conditions, OEX and QQQ to no position, while the XAU was trying to hold some rising trend line support...
YI: +3.5
Trying to hold rising trend line resistance: AHR, BA, CREE, MSFT, SKS, SRE, TE, and TQNT
To no position: AEM, ASIA, CTXS, CUM, and DD
To hold: JDSU and MU
Trying to break above falling trend line resistance: ASIA, CGI, CX, and KMX
Trying to break above the 28 DMA: AAPL, DO, ERICY, and GTW
Moderately overbought: ACF, BBBY, BMS, BTK index, CARS, CUM, CY, DD, DJ-30, EBAY, ELY, E-Mini-500, EWJ, FEF, GM, HIT, INTC, KEA, MOT, MTF, the NDX, NST, the OEX, PEG, SBUX, SEE, SMH, S&P-500, USV, UTY index, WB, XCI index, XOI index, YHOO, and YUM
Overbought: AA, ALTI, CAKE, EWG, IIX index, IWM, MBG, NSC, NXL, PPG, PTR, RADN, RGLD, RMCF, SGDE, TSS, TYC, and X
Extremely overbought: EWU, MSCC, NEM, PDG, and PER
Up against rising trend line resistance: APPB, AWRE, EWD, Gold the precious yellow, and the QQQ
Possible top here: APPB, AU, CIEN, IRF, N, NSM, PTR, the RUT, SOX index, TMO, and the XNG index.
Probable top here: MO
To sell: S, SOX-Hourly, and XRX
Break out in either direction on the way: AMCC, AYE, and NVLS
All of the previous disclaimers apply to the above signals and TA opinions.
3pm: OEX and QQQ to sell, but the OEX was also trying to hold some rising trend line support, threatening once again to cancel out the sell signal if it holds...
Noon: CREE trying to bottom out, QQQ trying to hold rising trend line support.
11am: CREE now moderately oversold, possible top in for the OEX...
10am: XAU extremely overbought.
YI: +4 We are getting overbought again in the market, so some caution may be in order.
To buy: AAPL, BMY, and PDE
Trying to bottom out: AHO
Trying to hold rising trend line support: SLE
Trying to hold falling trend line support: US Dollar
To no position: NTES
To hold: BFR, JOSB, and WIN
Trying to break above horizontal trend line resistance: MOT
Trying to break above falling trend line resistance: ELN, EOG, Heating Oil, HD, HMC, LU, LVLT, SATC, SMH, SNDK, WDC, and the XCI index.
Trying to break above the 28 DMA: EELN, EWM, GFI, MER, MSFT, NTES, PLUG, SATC, and SO
Moderately overbought: FBR, JNPR, MAT, NSM, and TLK
Overbought: ACAS, MBG, RMBS, RNR, SOX index, XMSR, and XRX
Extremely overbought: AU, BKS, FCX, HUM, and the XAU index.
Up against rising trend line resistance: F, UST, and VGR
Possible top here: PLT
Break out in either direction on the way: GE, RHAT, SPIRE, and VZ
And as is always the case of course, any of the above signals or TA opinions may be completely off base.
3pm: SOX was trying to hold some rising trend line support.
11am: CREE was trying to hold the 28 DMA, possible top in for the SOX...
10am: OEX and SOX to no position.
YI: +3.5
To buy: SGP
Trying to bottom out: BBA, IDNX, and THQI
Trying to hold rising trend line support: NSC and NVLS
Trying to hold falling trend line support: VXO
Trying to hold the 28 DMA: CREE and PRGX
To no position: ABS, HLR, NLY, SU, TXU, and the UTY index.
Trying to break above horizontal trend line resistance: E-Mini 500 and the S&P-500
Trying to break above falling trend line resistance: BBBY, DJ-30, PETM, SEE, and the XLU
Trying to break above the 28 DMA: ASIA, CGI, CUM, DPH, OSX index, TXU, UTY index, and WDR
Moderately overbought: ALEX, ENR, FLEX, KGC, NLY, PCL, SNA, SVM, TKR, WIN, and the XNG index.
Overbought: IDA, NXTL, the RUT, and XEL
Extremely overbought: RJR
Up against rising trend line resistance: ASA, EWG, PLT, PPG, USU, WB, and WOR
Possible top here: ARM, EWI, JCP, MCRS, NXTL, S&P-500, SUN, and WGII
To sell: OEX and QQQ hourly charts.
Break out in either direction on the way: AYE, BMY, BNBN, DELL, HPQ, HSY, NTAP, ORCL, RI, SEBL, SKS, VIGN, and WDC
Anything posted above could be way off base of course...
YI: +3.5
To buy: RIG and SO
Possible bottom here: MRVL
Trying to bottom out: DO, the MEX index, and SATC
Trying to hold rising trend line support: CREE-hourly, S, and THQI
Trying to hold the 28 DMA: DRG index.
To no position: BNBN, PVN, and the US Dollar.
Trying to break above falling trend line resistance: CARS CRB index, ECA, E-Mini 500, FEF, IBM, NDX index, and Natural Gas.
Trying to break above the 28 DMA: AMTD, AMZN, AWRE, BFR, BMG, CBK, HD, PTR, PVN, SNDK, and TE
Moderately overbought: ABS, OXY, and STMP
Overbought: EWI, GPT, PBY, and PER
Extremely overbought: IRF, MCRS, and SUN
Up against rising trend line resistance: ARM and POM
Possible top here: MDC
Probable top here: BKS
Break out in either direction on the way: DBLE and EWD
Anything posted above could be way off base of course...
1pm: OEX, QQQ, and the SOX to no position. Possible top for the XAU...
Noon: SOX trying to hold the 28 day moving average, XAU now overbought again.
11am: CREE was trying to hold the 28 day moving average.
YI: +3
To buy: OSX index, PLUG, RDC, and WMB
Possible bottom here: PDE
Trying to bottom out: PETM
Oversold: SATC
Trying to hold rising trend line support: Heating Oil and UST
Trying to hold falling trend line support: DO
Trying to hold the 28 DMA: BA, C, HMY, Platinum, and SGP
To no position: BMY, DIS, EWU, LYO, and NXL
To hold: PRGX and Q
Trying to break above falling trend line resistance: DPH, EBAY, ELY, EWJ, FDP, FLEX, INTC, JOSB, MAT, MU, the QQQ, SEBL, SUNW, XNG index, and YHOO
Trying to break above the 28 DMA: BBBY, BTK index, FEF, FOX, JDSU, NDX index, OEX index, PMRY, PRGX, RFMD, RHAT, VISG, WB, and the XCI index.
Moderately overbought: ALTI, CIEN, DHF, JCP, and RHB
Up against rising trend line resistance: CAKE, CSCO, and EBF
Possible top here: FTO, MSCC, SMTC, and YCC
Break out in either direction on the way: AYE, INDX, KO, and RADN
Happy Thanksgiving everybody!
3pm: OEX and QQQ to no position.
3pm: OEX and QQQ to no position.