- Yi: + 45.84
- Trying to bottom out: AIG, ANF, BEN, C, CVS, DB, FL, FLR, HBI, IWM, KHC, LOW, M, MET, MMM, PM, UYG, VFC, WBA, WY, X
- Attempting to hold the 28: MARA
- Attempting to hold the 65: BITQ, PPLT
- Up against the 65: DBO, MAT, OIL
- Up against the 28: BMY, MAIN
- Up against some falling trend line resistance: NFLX
- Moderately overbought: NFLX
- Overbought: GIS
- Toppy: BIDU, GIS, $GOLD, MTH, RIOT, $SILVER, SIVR
- ABEWISUF: $DJW, FCX, QID, TSL, TSLA
- 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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