- Yi: + 51.26
- Attempting to bottom out: AA, ANF, AXP, BAC, BEN, CAR, CBRL, CSCO, CVS, FCX, FLR, $GASO, IYE, LMT, M, QCLN, QRTEA, STX, T, UGA, VALE, VLY, WBA, WBD, WOLF, X, $XOI, XOM
- Extremely oversold: HBI, M, SPWR, WOLF
- Oversold: FLR, GLW, X
- Moderately oversold: DM, MET, MMM, XRX
- Trying to hold rising trend line support: VOX
- Attempting to hold the 65: MTH, WHR
- Up against the 65: GM, TSL, TSLA
- Up against the 28: ACVF, C, CNK, NEM, SIL, UYG, XLB
- Up against some rising trend line resistance: AEM
- Moderately overbought: ASA, GDX, JNUG, RGLD, $XAU, Z
- Toppy: GOLD
- ABEWISUF: GE, LOW, PEG
- 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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