- Yi: +22.3
- Attempting to bottom out: CC and XOM
- Extremely oversold: MOS
- Average oversold: BAL, BGS, $CRB, DB, LPL
- Moderately oversold: AMAT, BABA, BA, BCO, CIEN, DBC, DE, EFV, EGPT, HD, FXI, HMC, HPE, IBM, IFN, GT, $INDU, JNPR, KSS, LOW, $NYA50R, SHAK, SYMC, SVXY, TROW, TTM, $UST30Y, WDC, YETI, XLB, $XOI
- Attempting to hold the 65 DMA: BR, LL, MAN, NTAP, RS, SCHD
- Attempting to hold the 28 DMA: AAPL, AKAM, BAC, C, MRVL, PYPL, SFTBY, UYG, UTX
- Up against the 28 DMA: AEM and QID
- Up against falling trend line resistance: GFI, IAU, GLD
- Up against rising trend line resistance: $NYXBT
- Moderately overbought: FXP, NCR, $VIX
- Average overbought: AIG and GBTC
- Toppy: BRKS and MTH
- A break out either way is on the way for: AQUA, BBGI, DIS, MMC, NOW, NS, STX, $USD, UUP, XLNX
- 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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