- Yi: + 60.4
- Attempting to bottom out: $GASO, KNDI
- Oversold: DD, RGR
- Moderately oversold: AU
- Attempting to hold the 28: $XAU
- Attempting to hold the 65: $SILVER
- Up against the 65: CNK, CSX, TAP, USB
- Up against the 28: MKC
- Up against some falling trend line resistance: CBRL, DELL, KHC, MAIN
- Moderately overbought: CMG, $HGX, INTC, STX
- Overbought: ETCG
- Toppy: ETHE
- ABEWISUF: PFE
- 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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