- Yi: + 74.1
- Attempting to bottom out: SPXU, $USD
- Trying to hold some rising trend line support: BGS
- Attempting to hold the 28: QRTEA
- Attempting to hold the 65: BMY, CMG, GBTC, GT
- Up against the 28: GIS, PFE
- Moderately overbought: CSCO, ETHE
- Overbought: PPLT
- Toppy: B, BA, BEN, CAKE, CAT, COPX, DD, GE, GOLD, INTC, MARA, META, $NYA50R, SIL, VGK, $XAU
- Going parabolic: BITQ, MARA
- ABEWISUF: $BTSUSD, FL, MET, SEE
- 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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