- Yi: +17.49
- Trying to bottom out: HMC
- Average oversold: FXF
- Moderately oversold: CNK, $COTTON, GILD, MS, PPLT, TAP
- Attempting to hold the 65 DMA: KOL
- Attempting to hold the 28 DMA: AU, GF, TGT
- Up against the 65 DMA: MED
- Up against falling trend line resistance: RRGB
- Up against rising trend line resistance: AVP
- Moderately overbought: KMB
- Average overbought: KDP
- Toppy: ALEX, CMG, SCHH
- A break out either way is on the way for: CAKE, CBRL, $GASO, SGGFF
- 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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