- Yi: +8.8
- Toppy here: $CRB
- Anything posted here may be off base.
Thursday, November 11, 2010
T.A. update for the open, November 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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November
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- T.A. update for November 30, 2010.
- T.A. update for the open, November 29, 2010.
- T.A. update for the open, November 26, 2010.
- T.A. update for the open, November 24, 2010.
- T.A. update for the open, November 23, 2010.
- T.A. update for November 19, 2010.
- T.A. update for the open, November 18, 2010.
- T.A. update for the open, November 17, 2010.
- T.A. update for November 16, 2010.
- T.A. update for the open, November 15, 2010.
- T.A. update for the open, November 12, 2010.
- T.A. update for the open, November 11, 2010.
- T.A. update for the open, November 10, 2010.
- T.A. update for the open, November 8, 2010.
- T.A. update for the open, November 5, 2010.
- Update for November 4, 2010
- The Yi for today's open was: +7.7
- T.A. update for the open, November 2, 2010.
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November
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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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