- Yi: + 43.18
- Attempting to bottom out: ALEX, ALV, AVGO, B, BEN, BITW, BWA, CAR, CBRL, CIEN, CSCO, CVS, CVY, D, DE, ETCG, F, FL, GILD, GT, GLW, HA, HBI, $INDU, IQV, IWM, JJN, MAIN, MAN, META, MGA, MJ, MMC, MS, NFLX, NTAP, $NYA50R, PHG, $PLAT, PRU, QLD, QRTEA, QSR, $SPX, STLD, TROW, TXN, UYG, VGK, VLY, WBD, XLK
- Extremely oversold: DWAC, HBI, VNO
- Oversold: FAST, ITW, MTH, NIB, NVS, PEG, SDY, STX, TD, USB, WEC, WHR, XRX
- Moderately oversold: AEM, BMY, $COPPER, COPX, CUT, ETN, GILD, GIS, $GOLD, GOLD, HD, LIN, PICK, PPLT, RS, RY, SIL, T, UNG, WBA
- Attempting to hold rising trend line support: AVAV
- Attempting to hold the 28: SPWR, SU, UGA, USOI
- Attempting to hold the 65: $WTIC
- Up against the 65: BGS
- Up against the 28: TUP
- Moderately overbought: SPXU, $USD, UUP
- 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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