- Yi: +71.1
- Attempting to bottom out: A, LIN, PFE, TUP
- Oversold: YUM
- Moderately oversold: CBRL, CSCO, CSX, PFE, RGR, USB
- Trying to hold some rising trend line support: STLD
- Attempting to hold the 28 DMA: AGX, SDY, VGK
- Attempting to hold the 65 DMA: AMP, XRX
- Up against some falling trend line resistance: MAIN
- Moderately overbought: DWAC, GOLD, NTR, PPLT
- Overbought: LMT, $UST30Y
- Toppy: CPB, FLO, OIL, RY, TD, TSN, UGA, $WTIC, XLE, $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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