- Yi: + 51.85
- Attempting to bottom out: ADM, AEM, AGX, AMP, BABA, BITO, BITW, $BTCUSD, CG, CFVI, CIEN, COPX, CSCO, CUT, DE, DWAC, EMR, ETCG, ETHE, F, FB, GBTC, GT, HA, HAP, $INDU, IR, IVW, IYG, MMC, MS, NDX, OMC, PHG, PICK, QLD, QQQ, QSR, RY, SIL, SPWR, $SPX, STX, TSLA, TSM, TUP, UYG, VGK, WBD, XLK, XRX, YYY
- Extremely oversold: SIL
- Oversold: GOLD, MET, NEM, PRU
- Moderately oversold: PPLT, TSN
- Trying to hold some rising trend line support: MAN, $PLAT
- Attempting to hold the 28: GLW, WHR
- Attempting to hold the 65: $UST30Y
- Up against the 65: CORN, TPR
- Up against the 28: DBA, DBI, FLR, HOOD, PFE, SNA
- Up against some falling trend line resistance: AEO, CSX, GEF, IQV, MU
- Up against some rising trend line resistance: PAG
- Moderately overbought: WEAT
- Overbought: MRK, $USD
- Toppy: UUP
- 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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