- Yi: +18.55
- Extremely oversold: DUST
- Moderately oversold: CORN, JJGTF, KO, TGS
- Trying to hold rising trend line support: CVS
- Up against the 65 DMA: MCD
- Up against falling trend line resistance: MKC and SWK
- Up against rising trend line resistance: AGX, GDX, GFI, GLD, IAU, IYE, LEN, RGLD, RYE, SIL, UGA, UGLD
- Moderately overbought: AEM, AMTD, BRKS, CANE, CAR, DIS, EFV, EWI, FCX, GF, KMB, NEM, NVS, PFF, SGGFF, SIVR, SU, TGT
- Average overbought: AU, GLD, LOW, NUGT, QCLN, SCHD, SIL, SMG, UGA, UGLD, UTX
- Toppy: GDX, $HGX, IAU, LOW, VOT
- Possible top here for: CSCO and NOW
- Going parabolic: APD and BBL
- A break out either way is on the way for: AMZN, GOOG, M
- 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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