- Yi: + 52.13
- Attempting to bottom out: APD, ASA, BMY, CORN, SIVR
- Extremely oversold: QID
- Oversold: FL, PFE, PM
- Moderately oversold: $GOLD, GOLD, NEM, SIL, SPXU
- Up against the 65: X
- Up against the 28: $GASO, UYG
- Up against rising trend line resistance: FAST, IVW
- Up against some falling trend line resistance: AXP, CSL, IYJ, $XOI
- Moderately overbought: AAPL, AIG, CAKE, CSIQ, ETN, HPQ, JPM, NFLX, NTAP, OMC, PPC, SCHB, SCHX, $SPX, UNG, $USD, UUP
- Overbought: MSFT, $NDX, ORCL, QLD, QQQ, XLK
- Toppy: GE, $HGX, VOX
- A break out either way is setting up for: $BTCUSD, $PLAT, RIOT
- 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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