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The latest from the OptionsHunter session 08/04/2009

DIA  - couple of weeks ago we said the weekly should be at 92, still moving up and daily looking like it's moving up too.  The weekly indicator was ahead of the price when it was at 82 and the level on the MACD is still ahead of the price and the price belongs at 1300.  Monthly is starting to turn also.

 Mortgage Group  - monthly price hasn't moved but the MACD indicator is accelerating.

Semiconductor Group - still has good upside on the monthly.

X  - weekly extremely strong, needed the daily to stop moving lower, which it did.

MMC  - weekly and daily MACD strong and pressuring the price which hasn't moved.

VMC - weekly strong, need the daily to start being convincing and stop meandering around.

BAC - weekly is strong and above the signal line.  As long as daily MACD keeps going it will move high.  There's a slight downside divergence on daily, but unless the hourly confirms the weekly will exert its strength.