- Yi: + 46.5
- Trying to bottom out: BAC, C, CAR, D, DBA, DBC, DBO, F, $GASO, IYE, $WTIC, $XOI
- Moderately oversold: GOOG, MET, QRTEA
- Attempting to hold the 28: B, CSL, GFI, M, TROW
- Attempting to hold the 65: ATI, DYN, GDX, SIL, VALE, $XAU
- Up against the 28: BITO
- Toppy: APD, CEF, $COPPER, DBP, $GOLD, $SILVER
- ABEWISUF: BBY, BEN, CNK, CSCO, CWI, EBAY, EFV, HBI, LMT, MMMM UUP
- 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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