- Yi: + 56.18
- Attempting to bottom out: HNI
- Oversold: MED
- Moderately oversold: YETI
- Trying to hold some rising trend line support: WHR
- Trying to hold some falling trend line support: RGR
- Attempting to hold the 28: IYE, WHR
- Attempting to hold the 65: YUM
- Up against the 28: M
- Up against rising trend line resistance: MARA
- Moderately overbought: BITQ, CLX, COIN, KODK, NUS, RIOT
- Overbought: CVS, JACK, TUP
- Toppy: BWA, CVS, HOOD, PM
- ABEWISUF: AA, AIG, BBY, BEN, CAR, CVY, GLW, KHC, KR, LBAI, MAIN, NOBL, STLD
- 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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