- Yi: +4.5
- SBUX is now at the average oversold level.
- CPER is up against the 65 day moving average.
- Anything posted here may be off base.
Tuesday, September 20, 2016
LDU 9-20-2016.
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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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- Evening Update 9-30-2016.
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- Evening Update 9-28-2016.
- LDU 9-28-2016.
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- LDU 9-23-2016.
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- Evening Update 9-21-2016.
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- Evening Update 9-20-2016.
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- Early Morning Update 9-20-2016.
- LDU 9-19-2016.
- Evening Update September 16, 2016.
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- Late Day Update September 9, 2016.
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- Evening Update September 7, 2016.
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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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