- Yi: + 64.85
- Attempting to bottom out: BGS, GPC, NOBL, STX, WGMI
- Moderately oversold: AAPL, MMM
- Attempting to bottom out: B, CAR, FL, GIS, HSY, MARA
- Attempting to hold the 28: FLR, TAP, XRX
- Attempting to hold the 65: ANF
- Up against the 65: RIOT, WOLF
- Up against the 28: BAC, GT, JNUG, RGLD
- Up against falling trend line resistance: BITO, $BTCUSD, KNDI, PM
- Moderately overbought: F
- Overbought: AMZN
- ABEWISUF: AEM, DELL, NCR, PSQH, USB
- 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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