Signals: MU 7-9-2026

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, July 8, 2026

MU 7-9-2026

Yi: +149.79
Moderately oversold: AMAT, INTC
Attempting to hold the 17: GEV
Attempting to hold the 50: KLAC, LRCX, MU, SNDK
Attempting to hold the 200: AXP
Up against the 50: GOOGL, PLTR
Moderately overbought: IBM, PM, S
Toppy: BAC, JNJ, JPM, WFC
Anything posted may be off base.

Wednesday, July 8, 2026

MU 7-9-2026

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