- Yi: +25.9
- Attempting to bottom out: ANF, CORN, CPRI, DBI, GE, GM, GT, HA, HAS, HRB, INTC, IR, JNPR, JWN, KDP, KSS, LMT, MANT, MCHP, NSC, OMC, PBI, PEG, PFE, RS, SDY, STX, SU, T, TAP, TPR, VNO, WEC, WYND, YUM
- Extremely oversold: WEAT
- Oversold: AMTD, CNK, KLIC, KO, SCHW, TAP, UBER, UIS, XRX
- Moderately oversold: AFL, AIG, AXP, BBGI, BEN, BNS, CANE, CAR, CBRL, CG, CLF, CSX, CVY, D, DFS, FLR, GBTC, GS, HMC, INTC, IYG, JNJ, KOL, LYFT, M, MAT, MCD, MJ, NOBL, PCRFY, PM, REMX, SOYB, TD, TROW, VOX, WDC, Z
- Trying to hold rising trend line support: AAPL, $NDX, QLD, QQQ, XLK
- Attempting to hold the 28 DMA: ADM, AMAT, CWI, GLW, JACK, LOW, LPL, $NDX, NFLX, NVDA, NVS, PINS, QCLN, QLD, QQQ, RY, $SUGAR, TRV, TTM, TUP, XLK
- Up against the 28 DMA: NTAP, QID, STMP
- Up against falling trend line resistance: AKAM, CSCO, QID
- Moderately overbought: MKC
- Toppy: AGX, NTES, PYPL
- Going parabolic: MED
- A break out either way is setting up for: AMP, BMY, BBL, CIEN, EQNR, F, IQV, MCO, MS, NDAQ, OLLI, SLV, VGK, YETI
- 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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