- Yi: + 51.25
- Moderately oversold: APD
- Trying to hold some falling trend line support: QID
- Attempting to hold the 28: AFL, NOBL, PG
- Up against the 65: ANF, VOT
- Moderately overbought: $PLAT, PPLT
- ABEWISUF: AEM, CAT, CVS, SPWR, T
- 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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