OVERSOLD LEVELS

Not much in Barron's this week and equities feeling a bit squishy - they just don't feel like they want to move higher - here is what some of the numbers are saying:

RSI 2 levels:

SPX -7;

DJIA -9

NAZ -5

NDX 4

RUT 7

EWC -10;

EWA -55;

EWZ -52;

IYR -11;

SMH- 24;

VIX-92;

VIX about 7% above the SMA 10- and the EMA 20 on the SPX a hair below at 1043 and was decent support on Friday.

Gold also in pullback mode with an RSI 2 of 10 and the GLD right at the EMA 20 of 97.33.

Trading should be lighter than usual on Monday for the Jewish holiday.

Some early links:

More problems for Uncle Sam;

Not such great news for job seekers;

Victoria's secrets;

More trader resources;

More good stuff from Fari;

And its just about ready to hit the shelves;