- Yi: + 81.94
- Attempting to bottom out: QID, X
- Extremely oversold: MED, TSL
- Oversold: RIOT, TSLA
- Moderately oversold: BEN, CSX, DELL, INTC, STX, VFC, WGMI, WOLF
- Trying to hold rising trend line support: B, CAKE, INTC, TSM
- Attempting to hold the 28: B, BITQ, META, MKC, QRTEA, SEE
- Attempting to hold the 65: BMY, C, CAKE, ETCG, TSM, WY
- Up against the 28: UUP
- Moderately overbought: GOOG
- Toppy: CNK, LIN
- ABEWISUF: D
- 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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