Signals: MU 8-5-2026

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.

Tuesday, August 4, 2026

MU 8-5-2026

Yi: +157.6
Attempting to bottom out: KLAC, TXN
Moderately oversold: ABBV, JNJ, LLY, PM
Attempting to hold the 17: CVX, KO, XOM
Up against the 17: SNDK
Up against the 50: AMAT
Moderately overbought: BRK/B, GOOG
Overbought: AMZN, MSFT
Toppy: TMO
ABEWISUF: NFLX
Anything posted may be off base.

Tuesday, August 4, 2026

MU 8-5-2026

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