- Yi: + 87.51
- Attempting to bottom out: TAP, YYY
- Moderately oversold: CPB, GT, LMT, MET, PG, SDY
- Attempting to hold the 28: B, D, MMM, VYX
- Attempting to hold the 65: BAC, PM, TUP
- Up against the 65: MED
- Up against the 28: X
- Overbought: DD, NTAP
- Going parabolic: DELL
- Toppy: AVAV, ETHE, QCOM, QLD, TSM
- ABEWISUF: GBTC, GOOG, MARA, QQQ, TSL, WGMI
- 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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