- Yi: + 60.25
- Moderately oversold: SPXU
- Up against the 65: CPB, JNUG, IBM, RGLD, SIL
- Up against the 28: AEM, GDX, $XAU
- Up against some rising trend line resistance: AIG, NOBL, TSL, TSLA
- Up against some falling trend line resistance: WOLF
- Moderately overbought: AVAV, DD, ETCG, GE, IVW, $SPX, WY
- Overbought: APD, F
- Extremely overbought: AAPL
- Toppy: ANF, CAR, CMG, LIN, MMC, NTAP
- ABEWISUF: STX, $UST3M, VFC
- 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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