- Yi: + 45.28
- Attempting to bottom out: AA, AFL, B, CAT, CC, COPX, CVS, DBO, F, GT, MAT, MET, NTAP, $NYA50R, OIL, OMC, STX, WBD, XMMO, XLB, $XOI, XRX
- Extremely oversold: SPWR
- Oversold: $CRB, FLR, $WTIC
- Moderately oversold: ATI, CSIQ, $GASO, TKR, $UST3M
- Trying to hold some falling trend line support: BAL
- Attempting to hold the 28: AGX
- Attempting to hold the 65: SPXU
- Up against the 65: $USD
- Up against the 28: D, IVW
- Moderately overbought: CPB, GIS, GOLD, WEC
- Toppy: GFI
- ABEWISUF: ETCG, PHI
- 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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