- Yi: + 113.9
- Moderately oversold: $CRB, UNG
- Attempting to hold the 28: PM
- Attempting to hold the 65: HSY
- Toppy: CAR, CMG
- ABEWISUF: SETH
- Anything posted may be off base.
Thursday, June 26, 2025
MU 6-27-2025
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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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