- Yi: + 67.1
- Moderately oversold: APD, PG
- Overbought: BITO, $BTCUSD, ETCG, T
- Attempting to hold the 28: AVAV, LIN, ORCL, WHR
- Attempting to hold the 65: DD
- Up against the 28: $USD, UUP
- Up against rising trend line resistance: CAT
- Up against falling trend line resistance: B
- Moderately overbought: USB
- Toppy: AIG, GBTC, QCOM, SCHB, SCHX, X
- 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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