- Yi: + 83.0
- Attempting to bottom out: FL, TSL, TSLA
- Moderately oversold: BEN
- Attempting to hold the 28: BGS, CAKE, ETCG, XLK
- Attempting to hold the 65: AVAV, CSCO, DELL, IBM
- Up against the 65: AAPL, NYCB
- Up against the 28: $USD
- Up against some falling trend line resistance: AAPL
- Up against some rising trend line resistance: CMG
- Overbought: $XOI
- Toppy: AIG, COPX
- ABEWISUF: BIDU, GT, TUP, YYY
- 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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