Signals: Mu 8-15-2026

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.

Friday, August 14, 2026

Mu 8-15-2026

Yi: +157.85
Attempting to bottom out: APP, CVS, MO
Moderately oversold: BRK/B, LIN
Attempting to hold the 17: ADI, AMZN, APH, BA, GE, SYK
Attempting to hold the 50: AVGO, HD
Attempting to hold the 200: PGR
ABEWISUF: CAT, GLW, GOOGL, IBM, LOW
Up against the 17: NEE
Up against the 50: LRCX, SNDK
Up against some falling trend line resistance: TSLA
Moderately overbought: MDT, MRK, NFLX, SBUX, VZ
Overbought: BLK
Toppy: ACN, AMGN, ANET, BX, CRWD, DELL, JPM, PANW
Anything posted may be off base.

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