- Yi: +37.8
- Trying to bottom out: NOV, TTM, WFC
- Average oversold: LYFT
- Moderately oversold: AEO, AHH, GOLD, JNJ, JWN, O, PM, VNO
- Attempting to hold the 28 DMA: AAPL, ANF, AXP, CIEN, CLX, DRI, HRL, ORCL, QRTEA, QSR, SIL, SYY, TAP, VOX
- Attempting to hold the 65 DMA: GIS, MRVL, $NDX, NVDA, QLD, RGLD
- Trying to hold rising trend line support: AU, HPE, MANT, MSFT, VFC, YYY
- Trying to hold falling trend line support: GILD, JO
- Up against the 65 DMA: UGP
- Up against rising trend line resistance: B
- Moderately overbought: BCHG, CAKE, CLF, PAG, WDC
- Average overbought: $COTTON
- Toppy: QCOM, TPR, WEC, WOR, YETI
- A break out either way is on the way for: AVGO, IAU, PRU, PYPL, QCLN, UGA
- 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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