- Yi: + 69.43
- Attempting to bottom out: BMY, CNK
- Moderately oversold: AU, AVAV, SIVR
- Trying to hold some rising trend line support: GOLD, HSY, SIVR
- Attempting to hold the 28: CLF, GDX, JNUG, $XAU
- Attempting to hold the 65: AEM, BITW, $BTCUSD, GOLD, RGLD
- Up against the 28: $USD
- Moderately overbought: F, XRX
- Overbought: $HGX
- Toppy: AAPL, C, ETHE, GM, MARA, RIOT, WGMI, WOLF, YYY
- ABEWISUF: BEN, 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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