- Yi: + 54.18
- Trying to bottom out: CPB
- Trying to hold the 28: SPXU
- Up against the 65: ALV, CAR, CG, , CSX, CVY, GT, IVW, JACK, $LUMBER, MAN, MCHP, MJ, $NDX, NOBL, NTAP, $NYA50R, OIL, QQQ, RGR, TROW, VLY, WBAM WGMI, YETI
- Up against the 28: AVGO, B, BITQ, CMI, CSX, CUT, GEF, $HGX, $GOLD, IYJ, LIN, MGA, MRK, NVS, PFE, PHG, PM, SDY, SLVO, $SPX, USOI, WBD, WHR
- Up against some falling trend line resistance: AIG, BBBY, CAKE, CG, CIEN, ETHE, KLIC, MAIN, MDC, RY, SIL, $SUGAR
- Moderately overbought: AMP, CAKE, CBRL, ETN, IYG, KR, MS, PPLT, QSR, SOYB, WEC
- Overbought: GILD
- Toppy: GPC
- ABEWISUF: HRL
- Anything posted mey 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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