- Yi: + 92.63
- Attempting to bottom out: BIDU, CLF, GT
- Trying to bounce: CAT, COPX, ETCG, PPLT, SIL
- Extremely oversold: TAP
- Moderately oversold: DJT
- Trying to hold some falling trend line support: $UST30Y
- Attempting to hold the 28: BA
- Attempting to hold the 65: AFL
- Up against the 65: CAR, VYX
- Up against the 28: B, D, $HGX, M, NYCB
- Up against some falling trend line resistance: $NYA50R
- Up against some rising trend line resistance: YYY
- Moderately overbought: UNG
- Overbought: AAPL, META, NTAP, $SPX
- Toppy: NTAP
- ABEWISUF: DELL
- 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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