- Yi: +69.92
- Trying to bottom out: CAT, CMI, $PLAT, PPLT, QRTEA, SLV
- Oversold: MED, SIL
- Moderately oversold: $WTIC
- Trying to hold some rising trend line support: HD
- Attempting to hold the 28 DMA: AMAT, NOW
- Attempting to hold the 65 DMA: HD
- Up against the 65 DMA: GME
- Up against the 28 DMA: NSC
- Up against some falling trend line resistance: FL, MAN, PBI, $USD
- Moderately overbought: AIG, BEN, BITQ, BITW, COIN, GBTC, MET, NTR, TSN, UUP
- Overbought: ETHE
- Toppy: $NDX
- Going parabolic: PFE
- A break out either way is setting up for: GLW, IQV, KDP, LMT, LTCN, MTSI, NDAQ, ORCL, VOX, WY, XLY, $XOI
- 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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