- Yi: + 55.49
- Attempting to bottom out: VNO
- Moderately oversold: META
- Trying to hold some falling trend line support: MRK, PFE
- Attempting to hold the 28: PPC, USB
- Attempting to hold the 65: PPC
- Up against the 65: AEM, FL, $WTIC
- Up against the 28: $COFFEE, UGA, WEAT
- Up against falling trend line resistance: BITQ, MARA, TTM, USOI, VLY
- Moderately overbought: AGX, ALEX, AMP, APD, AVGO, BITO, $BTCUSD, CC, CSCO, DD, ETHE, LIN, MKC, MMC, NTAP, NYCB, PEG, SOYB, SPWR, WHR, WOLF, YUM
- Overbought: CG, ETCG, NDAQ, PAYX
- Toppy: NVS
- ABEWISUF: DWAC, QRTEA
- Anything posted on these pages may be way 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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