- Yi: + 83.2
- Attempting to bottom out: GOOG, TSL
- Oversold: FL, TSLA
- Moderately oversold: $USD
- Attempting to hold the 65: QRTEA
- Up against the 28: CSCO
- Up against some falling trend line resistance: D
- Up against some rising trend line resistance: $SPX
- Moderately overbought: AFL, BMY, CAKE
- Overbought: AEM, AIG, ETCG, LIN, QCOM
- Toppy: AEM, AVAV, MET
- ABEWISUF: BITQ
- 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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