- Yi: + 43.6
- Extremely oversold: TUP
- Attempting to hold the 28: YETI
- Attempting to hold the 65: VOT
- Up against the 65: BAL
- Up against the 28: UUP
- Moderately overbought: YYY
- Toppy: A, ADM, BBY, CAT, FLR, IWM, IYE, MET, OMC, PFE, RGR, SDY, WBA, WEC, $XOI, XOM
- ABEWISUF: BITO, CC, CSCO, CSX, ETCG, GILD
- 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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