- Yi: + 56.2
- Attempting to bottom out: B, CSCO, CSX, GM, MET, NOBL, NTAP, $NYA50R, ORCL, SDY, TSLA, XRX, YYY
- Up against some falling trend line resistance: CAKE, ETCG
- Attempting to hold the 28: GDX, SEE, WGMI, $XAU
- Attempting to hold the 65: HBI
- Up against the 65: BAC
- Up against the 28: APD, BA, WOLF
- Moderately overbought: AMZN, $PLAT, PPLT
- Toppy: $GOLD
- ABEWISUF: BITQ, GLW, KHC
- 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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