Signals & Opinions

[Yogizuna]

YI: +4.5

To buy: AA, Gold (GC), RGLD, Natural Gas, and PDG
Moderately oversold now: CPB, QLGC, SVM, and USU
Trying to hold some rising trend line support here: ALEX, C, DRG index, EBAY, GPT, IDA, OEX hourly chart, PLT, and RHB
Trying to hold the 28 day moving average: JNJ, NLY, and WIN
To no position for now: CREE hourly chart, TXU, the US Dollar, and the XAU hourly chart.
Attempting to break above some falling trend line resistance: BBBY, EWG, GYMB, and PEG
Attempting to break above the 28 day moving average: US Dollar
Moderately overbought now: AMD, BCON, and KMX
Overbought now: CREE, EMC, GE, NTES, PER, PMCS, the QQQ, SMTC, and WHR
Extremely overbought now: BKS, CSCO, and JNPR
Up against some rising trend line resistance here: MOT, NST, SBUX, and WY
Up against falling trend line resistance here: EWM
Possible top here: CARS, E-Mini 500, ERICY, IDA, RNR, RSH, and WGII
To sell: JWN and the SOX hourly.
Break out in either direction on the way: THQI
And of course, anything posted above or in the hourly updates may be completely off base, due to market conditions or human error.