- Yi: + 37.08
- Trying to bottom out: AMAT, BGS, BITQ, BNS, C, CSX, IVW, MAIN, MARA, $NDX, QLD, QQQ, STX, TSLA, TUP, VGK, XLK
- Moderately oversold: GLW, NTAP
- Attempting to hold the 28: AEM, SIL
- Up against the 65: HBI, WBA
- Up against the 28: FLO, HRL, KR
- Moderately overbought: GILD
- Overbought: QID
- abewisuf: A, AGX, BBY, EMR, GT, MMM, TWTR, XMMO
- 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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