- Yi: +19.45
- Trying to bottom out: COWTF, DBA, UBER
- Extremely oversold: CC, FLR, NTAP
- Average oversold: AA, AMTD, BA, BABA, BAL, BGG, CAT, $COTTON, DLPH, IFN, KOL, PFE, PRU, PYPL, TILE, VFC, WEN, X, XLE, $XOI, XRX
- Moderately oversold: AAPL, AMAT, ARNC, C, BR, BRKS, CG, CIEN, CW, DD, DE, FCX, $INDU, LBAI, M, MET, MS, NIB, NOW, NSC, PAG, QLD, S, SCHB, SCHX, SDY, SLYG, $SPX, TD, TGT, THO, VGK, VOT, VTI, WBA, WHR, WY, WYND, XLB, XLK, XLNX, XLY, XRT
- Trying to hold rising trend line support: MOS
- Trying to hold falling trend line support: BBBY and IRBT
- Attempting to hold the 65 DMA: MAIN, IBM, QCLN, SIRI, YETI
- Attempting to hold the 28 DMA: KSS, MAT, MCO
- Up against falling trend line resistance: BGS
- Moderately overbought: DF
- Average overbought: $VIX
- Toppy: HSY
- 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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