- Yi: + 42.7
- Attempting to bottom out: $BTCUSD, $COTTON, CSCO, $NYA50R, PFE, RGR, TAP, WBA
- Oversold: CAT, KR, PFE, RGR
- Extremely oversold: T
- Moderately oversold: GILD, WEC
- Attempting to hold the 65: FLR
- Up against the 28: CPB
- Moderately overbought: GIS
- Toppy: SPXU
- ABEWISUF: GBTC
- Anything posted may be in error.
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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