- Yi: + 65.35
- Attempting to bottom out: BMY, CNK, MED
- Oversold: SPXU
- Moderately oversold: $USD
- Trying to hold some rising trend line support: WGMI
- Attempting to hold the 28: $GOLD
- Attempting to hold the 65: $BTCUSD
- Up against the 65: DD, M, WHR
- Up against the 28: CAT, $GASO
- Up against falling trend line resistance: BEN, USB
- Moderately overbought: CSX
- Toppy: GBTC, MMC
- ABEWISUF: MARA
- 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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