- Yi: + 60.1
- Attempting to bottom out: QID, SPXU
- Attempting to hold the 28: $BTCUSD, GBTC, KLIC, MTH, STX
- Attempting to hold the 65: AVGO, BITO, BMY, $CRB, RIOT, SLVO, TXN, VGK
- Up against the 65: BGS, NEM, T
- Moderately overbought: BBY, CC, CL, KMB, KR, NUS, PM, TD, TPR, UNG
- Overbought: D, HD, $INDU, LBAI, SDY, VLY, WEC
- Toppy: AFL, AMP, CMI, CVS, CVY, F, GEF, GT, HA, HOOD, IR, IVW, IWM, IYG, IYJ, KODK, LIN, MMC, MS, NOBL, NTAP, $NYA50R, NYCB, PPG, PRU, QLD, QQQ, RS, $SPX, TROW, TUP, TWTR, VOT, WBA, XRX
- ABEWISUF: RGR, YUMC
- Anything posted 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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