The OEX is up against the 65 DMA here, so we may need some more downside action in the market to finish this correction.
Tuesday, March 22, 2011
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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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March
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- Late day update for March 31, 2011.
- Late day update for March 28, 2011.
- T.A. update for the open, March 24, 2011.
- T.A. update for the open, March 23, 2011.
- Late day update.
- TA for the open of March 21, 2011.
- TA for the open of March 18, 2011.
- TA for the open of March 17, 2011.
- T.A. update for the open, March 16, 2011.
- T.A. update for the open, March 15, 2011.
- T.A. update for the open, March 14, 2011.
- T.A. update for the open of March 11, 2011.
- T.A. update for March 10, 2011.
- T.A. update for the open, March 9, 2011.
- T.A. update for March 8, 2011.
- T.A. update for March 7, 2011.
- T.A. update for the open, March 4, 2011.
- T.A. update for the open, March 3, 2011.
- T.A. update for the open, March 2, 2011.
- T.A. update for March 1, 2011.
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March
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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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