Yes, RSI in daily FAS is crossing the 50-line, but lacks confirmation.
WEAK Confirmation would occur once the RSI crossed over the 60-line, then declines to find support over the 40-line - A strong confirmation would occur only once RSI had crossed over the 75-line.
Instead, the reverse event has occurred late MAY 2010: A weak BEARISH confirmation occurred once RSI crossed below the 40-line, then attempted to rally, but failed to cross over the 60-line in mid-JUL 2010, at which point, the bearish confirmation occurred.
Additionally, the price itself, albeit in a persistent up-trend, still remains in the lower segment of the down-trending, bearish channel. In fact, as of this writing, the price closed right at the midline of the bearish channel, corresponding exactly to RSI's mid-JUL high.
Going forward, I am expecting much resistance from this point forward, based on the technical hurdles just discussed. The daily 50-EMA continues to reveal the sentimental trend. So far, it is acting as a significant resistance, IMHO.