- Yi: +83.85
- Moderately oversold: MARA
- Trying to hold rising trend line support: MARA, RIOT
- Attempting to hold the 28: BBY
- Attempting to hold the 65: BITQ, CSX, X
- Up against the 65: GOOG
- Moderately overbought: BMY, CSCO, MMM, PM, $XAU
- Overbought: OMC, TAP, ORCL
- Toppy: AU, BITW, GDX, GFI, GOLD, SIVR, $XOI
- ABEWISUF: FL, TSLA, XRX
- 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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