- Yi: + 83.1
- Attempting to bottom out: GOOG, HSY, JNUG, VYX, WBD, $XAU
- Oversold: CBRL, SIL
- Moderately oversold: INTC
- Attempting to hold the 28: C
- Attempting to hold the 65: PG, TSM, WGMI
- Up against the 65: APD, CPB, GOLD, T, WOLF
- Up against some falling trend line resistance: GFI, IBM
- Up against some rising trend line resistance: SDY
- Moderately overbought: BGS
- Overbought: BBY, $BTCUSD
- Toppy: GPC
- Going parabolic: GBTC
- ABEWISUF: FL, $NYA50R, ORCL
- 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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