I'm removing the link to Citizens Free Press. There is no way in hell I'm going to help direct traffic over there after the way I was treated so disrespectfully yesterday.
Friday, April 3, 2020
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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.
I'm removing the link to Citizens Free Press. There is no way in hell I'm going to help direct traffic over there after the way I was treated so disrespectfully yesterday.
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