- To a buy sig: CFC
- Trying to bottom out: C, JPM, LSI, LUFK, MTH, and SPC
- Standard oversold: CLF, ENR, GRZ, QLGC, RT, SHI, SLE, TOL, and X
- Moderately oversold: CHK, CMC, CORS, CSL, EEM, EON, EWA, EWC, EWD, EWG, EWJ, EWP, EWU, FRO, GF, GFI, IIT, IRF, KMX, MCRS, MCD, MTD, MU, NX, OMN, PEG, PHI, QCOM, RGLD, SLV, SVU, TCK, USA, WMB, and WY
- Trying to hold some rising trend line support: ERIC, EWD, EXP, GM, HMY, NG, OXY, PMCS, RIO, SMTC, STX, SWC, UGP, WDC, XMSR, and XPLT
- Trying to hold falling trend line support: KEP and WNG
- Attempting to hold the 28 DMA: DO, EMC, FXB, FXE, HPQ, and HPQ
- To a hold for now: NFI
- Attempting to break above the 28 DMA: FBR
- Up against rising trend line resistance: RADN
- Standard overbought: FXY
- A break out in either direction is on the way for: TMO
- Anything here could be off base.
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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