Signals: MU September 26, 2017.

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.

Tuesday, September 26, 2017

MU September 26, 2017.

Yi: +13.4
A possible bottom here for: BBBY
Trying to bottom out at this level: CLF, FL, KMB, UUP, $VIX
Moderately oversold: NTES, PEP, $PLAT, $SILVER, SIVR, UNG, X
Attempting to hold rising trend line support: BABA, BIDU, KO, MKC, O
Attempting to hold the 65 DMA: BBRY
Up against the 65 DMA: HRB and IR
Up against falling trend line resistance: AHH and CTB
Moderately overbought: CAR, IYJ, PAG, SCHW, TGS, WYN
Toppy here: B, CW, IYG, WSO
A possible top for: BA
A break out in either direction is on the way for: COST and XLY
Anything posted here may be off base.

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