- Yi: + 84.84
- Attempting to bottom out: MED
- Moderately oversold: CSX, HSY
- Trying to hold some rising trend line support: ANF
- Attempting to hold the 28: IBM, PG, TSLA, $UST3M
- Attempting to hold the 65: GPC, $SILVER, SIVR, VYX
- Up against the 65: RIOT, TSL, TSLA
- Up against the 28: XRX
- Up against some rising trend line resistance: CAR
- Moderately overbought: $BTCUSD, MKC, WHR
- Overbought: DD
- Toppy: KHC, $XOI
- ABEWISUF: CPB, T, 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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