- Yi: + 82.85
- Attempting to bottom out: RGLD, SIL, TUP, $UST3M
- Oversold: WBD
- Moderately oversold: BGS, GFI, T
- Attempting to hold falling trend line support: SPXU
- Attempting to hold the 28: SIVR
- Attempting to hold the 65: BITW, CAR, $SILVER, UUP
- Up against the 65: APD, NTAP
- Up against the 28: AFL, ORCL, WHR
- Up against some falling trend line resistance: AAPL, BBY, BIDU, MET, PFE
- Up against some rising trend line resistance: META, SCHX, $SPX
- Moderately overbought: BMY, DD, NOBL, VGK
- Overbought: CSX
- Toppy: LIN
- ABEWISUF: NYCB, OMC, VFC
- 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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