- Yi: +34.1
- Attempting to bottom out: ATI, AMTD, BBGI, JWN
- Oversold: BA, FLR, GE
- Moderately oversold: CLF, GT, KSS, NVS, RTX, SCHW, WYND, X
- Attempting to hold the 28: BWA, $COPPER, CWI, DLPH, EWI, GEF, JNJ, KOL, MGA, MO, MS, PAG, SEE, VGK, YUM
- Attempting to hold the 65 DMA: AFL, IDA, KLIC, MCD, WSO
- Up against rising trend line resistance: $SPX
- Moderately overbought: CANE, FB, MRK, $SUGAR
- Overbought: BGS, CL, $COFFEE, JO, PBI, PINS, PYPL
- Extremely overbought: AAPL
- Toppy: CLX, MMC, QCOM, STMP
- Break out either way: IYG, PNC, RYE, TPR
- 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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