- Yi: + 39.28
- Attempting to bottom out: CL, CLX, CUT, HA, HBI, HD, HOOD, ITW, KMB, T
- Oversold: AVGO, B, JACK, KLIC, LMT, MGA, MTH, RS, TKR, TTM, WOLF, YYY
- Moderately oversold: AVAV, M, PAG
- Attempting to hold some rising trend line support: APD, TAP
- " " " " falling " " " : AIG
- Attempting to hold the 28: JWN
- Attempting to hold the 65: $GASO
- BOEWSUF: $COTTON, CSCO, GOLD, NVS, SIL, STLD, YUMC
- Anything posted 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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