- Yi: + 78.3
- Attempting to bottom out: APD, BITQ, BITW, CSX, ETHE, HSY, MARA, MET, NOBL, RIOT, SDY
- Trying to bounce: GBTC
- Oversold: BIDU, BITO, PFE, WHR
- Moderately oversold: $BTCUSD, CSCO, MSFT
- Trying to hold some falling trend line support: TSLA
- Attempting to hold the 65: FLR, $PLAT, PPLT
- Up against the 65: PG, RGR
- Up against the 28: B
- Moderately overbought: QID
- Overbought: GPC
- ABEWISUF: GM, M, SIVR
- 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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