For those of you who have inquired, the "Yi" is my own proprietary overbought/oversold indicator. A +10 reading generally indicates we are overbought in the overall market, and -4 or a -5 reading is telling us the market is a bit oversold. The "zero line" in between the plus and minus readings will sometimes act as an area of support or resistance, so I tend to keep an eye on that level also. A reading of +20 is extremely overbought, and a -10 indicates the market is extremely oversold.
If the Nasdaq can continue in rally mode, I would say it has a decent chance of doing so.
http://stockcharts.com/def/servlet/SC.web?c=CREE,uu[w,a]dacayiay[dc][pd15,2!b28!f][vc60][iLd7!Lo58]&pref=G
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