Signals & Opinions

[Yogizuna]

YI: +4.5

Trying to bottom out: T
Moderately oversold: BBBY, and JCP
Trying to hold rising trend line support: AMZN, ASIA, AWRE, DPH, HMC, IWM, KLIC, PLT, QQQ, RJR, SGDE, SNA, SSTI, VRTS, WDR, WY, and XMSR
Trying to hold falling trend line support: AMCC, DELL, GYMB, NTAP, NTES, SMH, SMTC, TQNT, and VISG
Trying to hold the 28 DMA: LYO
To no position: SRE
To hold: EMC, ETS, and SNDK
Trying to break above falling trend line resistance: CREE-Hourly, NST, QQQ-Hourly, and WHR
Trying to break above the 28 DMA: HIT, HSY, and MAT
Moderately overbought: C, TLK, TMO, and VZ
Overbought: ARM and the DJ-30
Extremely overbought: F
Up against rising trend line resistance: HMY and ORCL
Possible top here: PPG and SFY
Break out in either direction on the way: IVAN and SO
Any of the above signals or TA opinions may be way off base of course, depending on market conditions and system or human error.