The market seems to be running out of gas here, so some sort of correction or top may be on the way.
Thursday, August 26, 2021
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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.
Blog Archive
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2021
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August
(23)
- MU 9/1/2021
- MU 8/31/21
- MU 8/30/2021
- MU 8/27/2021
- Possible top alert for the market now in effect.
- MU 8/26/2021
- MU 8/25/2021
- MU 8/24/2021
- MU 8/23/2021
- MU 8/20/2021
- MU 8/19/2021
- MU 8/18/2021
- MU 8/17/2021
- MU for: 8/16/2021
- MU for: 8/13/2021
- MU for 8/12/2021.
- MU for 8/11/2021.
- MU for 8/10/2021.
- MU 8/9/2021
- MU 8/6/2021
- MU 8/5/2021
- MU 8/4/2021
- Morning Update for August 3, 2021.
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August
(23)
Current Moon Phase
About the ancient spirit:
- Yogi Zuna
- Older than the great pyramid and "catface" on Mars... been in the market since 1980.
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