- Yi: +19.87 (which of course was the year of the great crash)
- Attempting to bottom out: BWA, GT, HBI, HRB, MAT, MMM, PBI, RRGB, TLRD
- Extremely oversold: ANF, CNK, CPRI, GT, M, NUS, $NYA50R, QRTEA
- At the average oversold level: AVAV, BEN, DAL, DBI, FL, HA, HPE, KSS, LYFT, MAT, MED, NOV, NVS, PBI, RRGB, SNA, TLRD, VLY
- Moderately oversold: A, AMAT, ATI, BNS, ETN, $HGX, MDC, MTH, NSC, O, PINS, SCHW, SFIX, TPR
- Trying to hold rising trend line support: FAST, NVDA, YUMC
- Trying to hold falling trend line support: CMI
- Attempting to hold the 65 DMA: DLPH
- Attempting to hold the 28 DMA: KR
- At the average overbought level: CLX and $VIX
- 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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