- Yi: + 46.72
- Attempting to bottom out: $GASO, PHG, PPLT
- Moderately oversold: BMY, $COFFEE, QID
- Trying to hold some rising trend line support: APD, BGS, JO, PPC
- Attempting to hold the 28: CL
- Up against the 65: BITO, BWA, CAR, CSX, CVY, F, GBTC, IR, ITW, JACK, KODK, MCHP, MGA, TPR, VFC
- Up against the 28: AEO, BITQ, COIN, GS, HBI, $INDU, IWM, OMC, $SPX, VOT, XLK
- Up against falling trend line resistance: ALV, BBY, BWA, F, GILD, GLW, GS, $LUMBER, NTAP, PAG, PFE, PRU, VGK
- Moderately overbought: A, G, HRL, $LUMBER, PFE, QLD, TTM, YETI
- Toppy: $USD
- ABEWISUF: AVAV, B, CBRL, M, MMM, NDAQ, SLV, T, TUP
- 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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