- Yi: +49.02
- Attempting to bottom out: IBM, PEG, QID, SPXU
- Oversold: IBM
- Moderately oversold: KR
- Attempting to hold the 28: KHC
- Attempting to hold the 65: UUP
- Up against the 65: ETN, PICK
- Up against the 28: AGX, APD, JJN, M, MET, PM, QRTEA
- Up against falling trend line resistance: CG, IYJ, RY, TSLA, TSM, YYY
- Moderately overbought: A, AMP, BWA, CG, CSX, DE, EMR, $INDU, IQV, IR, ITW, IVW, IYJ, JWN, MMC, MMM, MS, $NDX, NFLX, NOBL, ORCL, PAYX, PPC, PPG, QLD, RS, TSLA, TSM, UYG, VOT, WHR
- Overbought: GS, HD, MAIN, NDAQ
- Toppy: BBY, BEN, BITQ, CIEN, CSX, DD, GEF, HOOD, MCHP, NTAP, QQQ, RIOT, TXN, WGMI, XRX, YETI, YUM
- ABEWISUF: COPX, $COTTON, TUP, VNO
- Anything posted on these pages may be completely 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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