Signals: MU 9-27-2022

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.

Monday, September 26, 2022

MU 9-27-2022

Yi: + 39.3
Trying to bottom out: BIDU, BITQ, CAR, CAT, GT, IVW, MMM, QLD, QQQ, RIOT, UNG, WBA
Extremely oversold: TAP
Oversold: AEM, CSCO, $NDX, WEC
Moderately oversold: CBRL, CVS, $PLAT, TSLA
Moderately oversold: ADM
Overbought: UUP
Toppy: QID
ABEWISUF: FAST, HRL
Anything posted may be off base.

Monday, September 26, 2022

MU 9-27-2022

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