- Yi: + 66.67
- Trying to bottom out: $DOGEUSD, O, VFC, WHR, YUM
- Extremely oversold: YETI
- Oversold: DBI, HRB, MCHP, TXN, WHR
- Moderately oversold: AGX, ALV, AMP, BBY, BEN, BWA, CIEN, ETN, GILD, GLW, GPC, HBI, JNPR, KLIC, MDC, MGA, MMM, NOBL, NTAP, O, PAG, SDY, TUP, UYG
- Trying to hold some rising trend line support: IYE, MRK, NUS, $XOI
- Attempting to hold the 28 DMA: CMI, DE, GEF, GT, IP, OMC, TSM, TTM, UNG
- Attempting to hold the 65 DMA: AFL, MAN, MET, MRK, TAP, TSN
- Moderately overbought: $PLAT
- Toppy: BAL, $COTTON, USOI
- 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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