- Yi: +21.63
- Attempting to bottom out: AFL, BGS, CAR, CC, CSCO, DUST, FLR, GE, GT, IRBT, JNPR, KDP, KOL, LIN, LPL, M, MAT, MOS, NTAP, PFE, PRU, QRTEA, SEE, SFIX, TSLA, TILE, TUP, UGP, X, XLNX, XOM, XRX, Z
- Moderately oversold: GBTC and KOLD
- Up against the 65 DMA: $UST30Y
- Up against the 28 DMA: AVAV, and $NDX
- Moderately overbought: CL and PG
- Average overbought: $PLAT and PPLT
- Toppy: AU, HSY, GOLD, RGLD
- A break out either way on the way for: TRV
- 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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