Signals: MU 5-2-2025

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.

Thursday, May 1, 2025

MU 5-2-2025

Yi: + 97.18
Moderately oversold: $GASO
Attempting to hold the 28: COPX, GDX, PPLT, $XAU
Attempting to hold the 65: $GOLD
Up against the 65: $USD, UUP
Up against the 28: NOBL, UNG
ABEWISUF: C, LMT
Anything posted may be off base.

Thursday, May 1, 2025

MU 5-2-2025

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