- Yi: + 66.3
- Oversold: OMC
- Moderately oversold: CSX
- Attempting to hold some rising trend line support: CLF, EBAY, X
- Attempting to hold the 28: AU, CMG
- Attempting to hold the 65: MSFT, VFC, WGMI, WOLF
- Up against the 65: T
- Up against the 28: AVAV, GIS, HSY
- Moderately overbought: D, $GASO, PFE, PG, TUP, USB, $XOI
- Toppy: APD, INTC, NTAP, TAP
- ABEWISUF: F, G, SCHB, SCHX, WY, XLK
- 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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