- Yi: + 78.5
- Oversold: APD
- Attempting to hold rising trend line support: COPX, GT, OMC, PPLT, TAP, VGK
- Trying to hold falling trend line support: TSLA
- Attempting to hold the 28: AU, $GASO
- Attempting to hold the 65: F, MARA
- Up against the 28: AAPL, BITW
- Up against rising trend line resistance: IVW, $SPX
- Toppy: CMG, GM, YYY
- Going parabolic: CAT, GE, VFC
- ABEWISUF: BITO, NTAP, UNG
- 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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