- Yi: + 46.05
- Attempting to bottom out: BEN, COST, D, $INDU, IVW, MAT, MKC, NTAP, PFE, PHI, PM, SCHH, SCHX, $SPX, VOX, WBA, WEC, WHR
- Oversold: QRTEA, WEC, WHR, WOLF
- Moderately oversold: AAPL, BBY, GPC, SCHB, T, PEG, VLY
- Trying to hold some falling trend line support: AFL, KHC
- Attempting to hold the 28: $CRB, ETCG, WBD
- Attempting to hold the 65: MARA
- Up against the 65: F, FXI, IYE, NTES
- Up against the 28: APD, PG, VALE
- Up against some rising trend line resistance: ATI
- Moderately overbought: ETN
- ABEWISUF: AGX, BITO, $BTCUSD, SEE
- 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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