- Yi: +6.95
- More later. Anything posted here may be off base.
Wednesday, May 5, 2010
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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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May
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- T.A. update for the open, May 28, 2010.
- T.A. update for the open, May 27, 2010.
- T.A. update for May 26, 2010.
- T.A. update for the open, May 25, 2010.
- T.A. update for May 24, 2010.
- T.A. update for the open of May 21, 2010.
- T.A. update for the open, May 20, 2010.
- T.A. update for the open, May 19, 2010.
- T.A. update for the open, May 18, 2010.
- T.A. update for the open, May 17, 2010.
- T.A. update for the open, May 14, 2010.
- T.A. update for May 13, 2010.
- T.A. update for the open, May 11, 2010.
- T.A. update for the open, May 10, 2010.
- T.A. update for the open, May 7, 2010.
- T.A. update for the open, May 6, 2010.
- T.A. update for May 5, 2010.
- T.A. update for the open, May 4, 2010.
- T.A. update for the open, May 3, 2010.
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Current Moon Phase
About the ancient spirit:
- Yogi Zuna
- Older than the great pyramid and "catface" on Mars... been in the market since 1980.
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