- Yi: +17.6
- Attempting to bottom out at this level: AA, GE, KDP, XON
- Extremely oversold: DLPH, KOLD, STMP
- At the average oversold level: AAPL, AGQ, CEF, BBY, BIDU, GS, QCOM, RGLD, SLV
- Moderately oversold: A, AMAT, AMZN, C, BB, BJO, BRKS, BWA, $COPPER, COPX, CWI, $DJW, EMR, FCX, HD, IWM, IAU, JNPR, KLIC, LEN, MAT, MJ, MRVL, $NDX, NFLX, NVDA, PHI, PRU, QLD, QQQ, TPX, TROW, TSM, UGLD
- Trying to hold rising trend line support: AMTD, GLDI, $GOLD
- Trying to hold falling trend line support: AU
- Attempting to hold the 65 DMA: AGX, BJO, CAT, BBBY, HAS, $HGX, JPM, NSC, TKR, TWTR
- Attempting to hold the 28 DMA: APD, CVY, CSX, DWDP, IRBT, MMM, NIB, NTAP, NTES, QCLN, ROK, SCHD, SFIX, UYG, V, XLY, XRX
- Up against the 28 DMA: LL and $VIX
- Moderately overbought: IDA, KMB, QID, TAP
- At the average overbought level: HRL
- Toppy: KDP, KO, JNJ
- Anything posted on these pages 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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