- Yi: +35.73
- Attempting to bottom out: BA, CIEN, GILD, RGR, RYE, TROW, WU, $XOI
- Extremely oversold: IYE, RYE, WBA
- Oversold: AVAV, B, TAP, XLE, $XOI
- Moderately oversold: DBI, GIS, GS, HRL, KLIC, KMB, MAN, MCHP, NFLX, OMC, REMX, T, VLY, VNO, WOR, WU
- Trying to hold some rising trend line support: HPE
- Trying to hold some falling trend line support: CVS
- Attempting to hold the 28 DMA: PNC
- Attempting to hold the 65 DMA: GM
- Up against the 28 DMA: PPLT, QRT
- Moderately overbought: CPRI
- Extremely overbought: TUP
- Toppy: ANF, BEN
- Break out either way on the way: AMTD, $CRB, DNKN, HAS, HBI, INTC, ITW, JNPR, JPM, MCO, MMM, MRK, NIB, NOBL, QCOM, RY, SCHW, SEE, STX, SWK, UPS, WSO, WYND
- 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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