- Yi: + 63.7
- Trying to hold some rising trend line support: DD, GLW, PSQH, SDY, VGK
- Trying to hold some falling trend line support: GPC, PFE, UNG
- Moderately oversold: B, BITQ, HBI, JNUG, NOBL, $NYA50R, PM, PPLT, SIL, SIVR, WGMI
- Attempting to hold the 28: AAPL, MET, SCHB, SCHX, WHR
- Attempting to hold the 65: $GASO, LIN, MMC, T
- Moderately overbought: AVAV, $CRB, NTAP, ORCL, UUP
- Toppy: $USD, XLK, $XOI
- ABEWISUF: GBTC, GT
- 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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