- Yi: + 51.2
- Attempting to bottom out: AA, ANF, BBY, CAR, CBRL, CVS, GLW, INTC, IWM, LMT, $LUMBER, NCR, PFE, PPC, QRTEA, T, TUP, VALE, WBD
- Oversold: AA, CLF, GM, LMT, $LUMBER, PFE, QCLN, TSL, TSLA
- Moderately oversold: AXP, BMY, $CRB, DBO, FLR, GLW, OMC, RUM, UGA, WOR, $WTIC, WY, X
- Trying to hold rising trend line support: F, GE, QID
- Trying to hold falling trend line support: CAT, USB
- Attempting to hold the 28: AU, AVAV, BAC, D, GDX, XMMO, YYY
- Attempting to hold the 65: CSX, GE, LOW, MTH
- Toppy: TAP
- ABEWISUF: DM, $GOLD, NFLX, STX
- 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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