- Yi: + 46.63
- Attempting to hold the 28: FLO, M
- Attempting to hold the 65: CNK, PPC, TD
- Up against the 65: GT, $XOI
- Up against the 28: ADM, CAKE, $CRB, F
- Up against rising trend line resistance: PEG
- Moderately overbought: MSFT
- Overbought: CRUS, CSX
- Toppy: EXP, $SILVER
- ABEWISUF: CBRL, DE, ETCG, ETHE
- 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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