- Yi: +6.3
- Moderately oversold: BBT
- Up against rising trendline resistance: ARM
- Overbought: AA and ABX
- Anything posted here may be off base.
Monday, October 11, 2010
T.A. update for October 11, 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.
Blog Archive
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2010
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October
(21)
- T.A. update for the open, October 29, 2010.
- T.A. update for the open, October 27, 2010.
- T.A. update for the open, October 27, 2010.
- T.A. update for the open, October 26, 2010.
- T.A. update for the open, October 25, 2010.
- Yi for the open today was: +7.025
- Yi for the open today was +6.9
- T.A. update for the open, October 20, 2010.
- T.A. update for the open, October 19, 2010.
- T.A. update for the open, October 18, 2010.
- T.A. update for October 15, 2010.
- T.A. update for the open, October 14, 2010.
- T.A. update for the open, October 13, 2010.
- T.A. update for October 12, 2010.
- T.A. update for October 11, 2010.
- T.A. update for the open, October 8, 2010.
- T.A. update for October 7, 2010.
- T.A. update for the open, October 6, 2010.
- T.A. update for the open, October 5, 2010.
- T.A. update for the open, October 4, 2010.
- T.A. update for the open, October 1, 2010.
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October
(21)
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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