- Yi: + 45.2
- Trying to bottom out: CORN, $COTTON, $CRB, WEAT
- Trying to hold some falling trend line support: ETCG
- Attempting to hold the 65: KODK
- Up against the 65: D, HBI, LMT, NTR, NYCB, PRU
- Up against the 28: AFL, GT, HA, MKC, WEC
- Up against some falling trend line resistance: GS, IQV
- Moderately overbought: BIDU
- Toppy: BABA, BGS, BMY, GILD, GIS, IBM
- ABOEWISUF: $LUMBER
- 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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