- Yi: + 77.85
- Attempting to bottom out: D, ETCG, LMT
- Oversold: TSL, TSLA
- Moderately oversold: $HGX, MMC, $UST3M
- Attempting to hold the 65: CNK
- Up against the 65: SIVR, VGK, WY
- Up against the 28: BBY, BGS, CAR
- Up against some falling trend line resistance: WBD
- Moderately overbought: $CRB
- Extremely overbought: IBM
- Toppy: AIG
- Going parabolic: GOOG
- ABEWISUF: $BTCUSD, MED, RIOT, WGMI
- 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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