- Yi: + 80.3
- Oversold: AEM, JNUG, RGLD, SIL, $XAU
- Moderately oversold: AU, GFI, $GOLD, KHC
- Trying to hold some falling trend line support: LMT
- Attempting to hold the 28: STX
- Attempting to hold the 65: PG
- Moderately overbought: $UST30Y
- Overbought: ANF
- Toppy: $GASO
- Going parabolic: GE
- ABEWISUF: CMG, LIN, $PLAT, T, $XOI
- 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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