Signals: MU 5-17-2025

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.

Friday, May 16, 2025

MU 5-17-2025

Yi: + 107.37
Attempting to bottom out: KHC
Attempting to hold the 28: GT
Up against the 65: RGR
Moderately overbought: CSX
Overbought: CBRL, IBM
Toppy: BA, QQQ
ABEWISUF: AAPL, AVAV, C, $USD, VFC
Anything posted may be off base.

Friday, May 16, 2025

MU 5-17-2025

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