- Yi: + 49.73
- Oversold: $GASO, $WTIC
- Moderately oversold: AXP, BAC, BEN, CSIQ, IYE, PM, SEE, TROW, $XOI, XOM
- Trying to hold some rising trend line support: UUP
- Attempting to hold the 28: $DJW, FL, $UST30Y, VOX, XRX
- Attempting to hold the 65: JPM
- Up against the 65: RUM
- Up against some falling trend line resistance: BITW, WHR
- Moderately overbought: FAST, GE, YETI
- Toppy: ETN, GIS, MKC, MSFT, TAP
- ABEWISUF: BITO, $BTCUSD, CMG, GF, MTH, RIOT, TSL, TSLA, WGMI
- 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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