- Yi: -0.6
- Trying to bottom out: $CRB
- Moderately oversold: CMG
- A break out in either direction is on the way for: IYE and NAT
- Anything posted here may be off base.
Thursday, April 7, 2016
LDU 4-7-2016
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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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2016
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April
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- LDU 4-29-2016
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- LDU 4-27-2016
- Afternoon Update
- T.A. Update for tomorrow's open.
- LDU 4-22-2016
- LDU 4-21-2016
- LDU 4-20-2016
- LDU 4-19-2016
- LDU 4-18-2016
- Late day update 4-14-2016.
- LDU 4-13-2016
- LDU 4-12-2016
- LDU 4-11-2016
- LDU 4-8-2016
- LDU 4-7-2016
- LDU 4-6-2016
- LDU 4-5-2016
- LDU 4-4-2016
- Update for the open of 4-4-2016.
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April
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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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