- Yi: + 58.15
- Attempting to bottom out: AIG, APD, BA, BITQ, COPX, CSCO, D, GLW, IBM, IVW, KHC, LIN, NOBL, $NYA50R, NYCB, QLD, QQQ, RIOT, SCHB, SDY, $SPX, TSL, TSLA, UNG, VGK, WGMI, WOLF YYY
- Extremely oversold: XRX
- Moderately oversold: FLR, INTC, MAIN, MET, MMC
- Attempting to hold some falling trend line support: MET
- Attempting to hold the 28: $UST3M
- Attempting to hold the 65: RGR
- Up against the 65: SEE
- Up against falling trend line resistance: $USD
- Moderately overbought: ETCG, ETHE
- Overbought: BITW, $BTCUSD
- ABEWISUF: CBRL
- 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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