- Yi: +58.66
- Attempting to bottom out: AEO, ALV, BITQ, COIN, FB, FL, IR, IYG, JACK, MAN, MGA, MJ, MU, $NDX, NUS, PHG, PPG, TROW, VFC, YUM, YYY
- Extremely oversold: AEO, ALV, BWA, CC, GT, IR, IYG, MAN, MGA, MS, MU, PPG, TSM, VGK
- Oversold: AMAT, AMP, CAKE, CBRL, CFVI, CG, CIEN, CUT, PM, TPR, TTM, XRX, YUM
- Moderately oversold: AIG, HA, OMC, WHR
- Trying to hold some rising trend line support: GBTC, JNPR, MAIN, WOLF, XMMO
- Trying to hold some falling trend line support: BABA, BIDU, CVY, ETCG, USB
- Attempting to hold the 28 DMA: RGR, UNG
- Up against the 65 DMA: NIB, WBA
- Up against some rising trend line resistance: SU, $XOI
- Moderately overbought: CAT, D, FLR, QID, SIL
- Overbought: AEM, GOLD, MANT, NEM, $PLAT, $USD
- Extremely overbought: $GOLD
- Toppy: ADM, AVAV, D, HAP, NTR, VALE
- 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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