- Yi: + 51.32
- Attempting to bottom out: BGS, HBI, JNUG, MED, MMM, SPWR, TUP
- Oversold: GFI
- Moderately oversold: AA, COPX, ETH, PHI, VALE
- Trying to hold some rising trend line support: FCX
- Attempting to hold the 28: BITO, DM, NFLX, NTES, WOLF
- Attempting to hold the 65: B, CNK, VOX
- Up against the 65: CPB, UGA
- Up against the 28: WEC
- Up against some falling trend line resistance: DBO, $WTIC
- Moderately overbought: $XOI
- Overbought: LMT
- ABEWISUF: CSIQ, $USD, 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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