- Yi: + 44.48
- Attempting to bottom out: BITO, BITQ, BITW, DBI, ETHE, FL, GBTC, HBI, JWN, KLIC, M, MARA, MJ, MKC, MMM, MU, NIB, QRTEA, RIOT, STX, VFC, WGMI, XLK
- Extremely oversold: $COPPER, SLVO, XRX
- Oversold: CORN, FL, JWN, LIN, TSM
- Moderately oversold: HNI
- Trying to hold some rising trend line support: IBM, XOM
- Trying to hold some falling trend line support: CAT, DE, HAP, NTAP, TD, TXN
- Attempting to hold the 28: IQV
- Attempting to hold the 65: WEC
- Up against the 65: DMA: $BTCUSD, QQQ, WBD
- Up against the 28: AVAV, $NYA50R
- Up against some falling trend line resistance: $COFFEE
- Moderately overbought: CL, HRB, KMB, $LUMBER, T
- Overbought: CL
- ABEWISUF: MMC
- Anything posted on these pages may be 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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