- Yi: 21.88
- Attempting to bottom out: CRUS, FNG, FXF, KLIC, NCR, P, PAG
- Extremely oversold: EGPT and MCHP
- Average oversold: BBY, EWI, GF, KLIC, MTSI, PPG
- Moderately oversold: BRKS, CG, COPX, EFV, FEU, GDDY, MAIN, MANT, MRVL, NOK, NOW, NTAP, PYPL, QCLN, QLD, QRTEA, REMX
- Trying to hold rising trend line support: GILD, GLD, IAU, MBI, MSFT
- Trying to hold falling trend line support: FB and IQV
- Attempting to hold the 65 DMA: MED, MSI, NS, SCHB, SCHK, SCHX
- Attempting to hold the 28 DMA: CSCO and RY
- Up against the 28 DMA: DUST, FLO, JWN
- Up against falling trend line resistance: EBAY, KMB, KO, NIB
- Up against rising trend line resistance: MCD and SBUX
- Moderately overbought: CANE, D, HSY, IDA, PM, PRU, SGGFF
- Toppy: MKC
- A break out either way is on the way for: PETX
- Anything posted may be off base.
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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