Signals: MU 6-6-2025

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, June 5, 2025

MU 6-6-2025

Yi: + 106.62
Attempting to bottom out: QID, SPXU
Up against the 28: $HGX
Up against falling trend line resistance: BEN
Overbought: STX
Toppy: BA, CAKE, $NDX, QLD, QQQ, SCHB, SCHX, WGMI, X
ABEWISUF: $GOLD
Anything posted may be off base.

Thursday, June 5, 2025

MU 6-6-2025

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