- Yi: + 56.73
- Attempting to bottom out: ALEX, DWAC, NIB, $PLAT, PPLT, USB
- Oversold: $NYA50R
- Moderately oversold: $COPPER, D, QSR, SDY, SPWR, WBA
- Trying to hold some rising trend line support: BWA, HA, MCHP, SLVO
- Attempting to hold the 28 DMA: BAL, CAR, $COTTON, $CRB, DBA, $GASO, STLD, TAP
- Attempting to hold the 65 DMA: IP
- Moderately overbought: TWTR
- Toppy: KO
- 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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