- Yi: + 64.8
- Extremely oversold: NFLX
- Oversold: XRX
- Trying to hold some rising support: DBA, HOOD, NVS, SLV, $USD
- Attempting to hold the 28 DMA: KR, SLVO
- Attempting to hold the 65 DMA: BAL, NVS, RYE, SU, XLE
- Up against the 65 DMA: CSCO
- Up against the 28 DMA: BITO, CIEN, FAST, HD, VLY, YYY
- Up against some falling trend line resistance: CLX, CSX, CVS, GBTC, LBAI, VGK
- Up against rising trend line resistance: HRB, WEC
- Moderately overbought: BGS, CAR, CUT, EMR, FLO, GEF, GILD, HA, KMB, PRU, RGR, SDY
- Overbought: GIS, GPC, HRL, IP, MMC, O, PEG, TSN
- Toppy: ADM, AFL, CAT, CC, CORN, DBI, HRB, QSR, STLD, TAP, TSN, YUM
- Going parabolic: KHC
- A break out either way is setting up for: MRK, TWTR
- Anything posted on these pages 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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