Signals: Mu: 10-10-2026

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, October 9, 2026

Mu: 10-10-2026

Yi: +155.55
Attempting to bottom out: EGO, GD, $GOLD, GS, LMT
Attempting to hold the 17: TXN
Oversold: T, TMUS, VZ, WDC
Attempting to hold the 17: AMD, CAKE, EWT, SMTC, XLK
Attempting to hold the 50: $BTCUSD, COIN, $ZECUSD
Attempting to hold the 200: CAT, IWM, USB
ABEWISUF: D
Up against the 17: B, HD, LOW, NFLX, UPS
Up against the 50: XLP
Up against the 200: WFC
Moderately overbought: COP, COST, CVX, INTU, MO, PM, XOM
Overbought: CANE
Going parabolic: PLTR
Anything posted may be off base.

No comments:

Subscribe to: Post Comments (Atom)