Signals: MU 5-8-2025

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.

Wednesday, May 7, 2025

MU 5-8-2025

Yi: + 96.98
Attempting to bottom out: GIS
Attempting to hold the 28: M
Attempting to hold the 65: LMT, PFE, WY
Up against some falling trend line resistance: KMI
Moderately overbought: XRX
ABEWISUF: BAC, C, GT, INTC, MET
Anything posted may be off base.

Wednesday, May 7, 2025

MU 5-8-2025

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