Trying to bottom out: TYC and WTS
Moderately oversold: SWC, TSS, and the VXO
Trying to hold some rising trend line support: SBUX, SEE, WTZ, and WY
Trying to hold some falling trend line support: SEBL and SPC
Attempting to hold the 28 day moving average: SCH, SMH, S&P-500, SVM, TLK, and TMO
To no position: SCH and SMH
Trying to break above some falling trend line resistance: STMP
Extremely overbought: SU
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.
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