- Yi: + 46.03
- Attempting to bottom out: AEM, AA, ASA, BAC, BEN, CAT, COPX, GDX, GFI, GM, GOLD, $LUMBER, MMM, SIL, SPWR, TROW, $XAU
- Oversold: CMG
- Moderately oversold: BA, $COPPER, FCX, NTAP
- Trying to hold rising trend line support: BITQ, WGMI
- Attempting to hold the 28: AAPL, CSCO
- Up against the 65: XMMO
- Up against the 28: CC, MED, UNG
- Up against some falling trend line resistance: PEG
- Moderately overbought: LIN, $USD
- Overbought: MAIN
- Toppy: UUP
- ABEWISUF: ANF, AXP, B, CPB, $GASO, KHC, XRX, YYY
- 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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