- Yi: +66.3
- Attempting to bottom out: BWA, CMI, GT, HNI, HOOD, LBAI, MAIN, MDC, MJ, NYCB, OMC, TPR, VLY, YETI
- Moderately oversold: AVGO, BIDU, $GASO, HA
- Trying to hold falling trend line support: USB
- Attempting to hold the 28 DMA: COPX, SPWR
- Attempting to hold the 65 DMA: VALE
- Up against rising trend line resistance: KHC
- Up against some falling trend line resistance: CVS
- Moderately overbought: AEM, AFL, GILD, SOYB
- Overbought: CANE, $SUGAR
- Toppy: ADM, BMY, D, IQV, KR, MRK, O, WEC
- A break out either way is on the way for: $CRB, LIN, MANT, MKC, VGK
- Anything posted here may be in error,
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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