You can access this week’s RASI Report here: … … McC_Rasi041219
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Crude Oil’s Drop Was Foretold By Gold
The latest McClellan Chart-In-Focus report from McClellan Financial Publications postulates that there is a strong relationship between movements in the price of gold and the price of crude oil. This association indicates that oil will bottom in… [more]
RASI: Index Falls Below Critical 500 Benchmark
Last week, the RASI declined below the important 500 level. This is bearish as it signals that the outlook for the stock market is Negative. Right now, the RASI and the DJIA are diverging, with the RASI declining and the DJIA rising. A divergent trend rarely lasts long. [more]
RASI: Index Rises Every Day For The Last Two Weeks
The current reading of 725 is a Positive indicator for the DJIA. The latest swoon bottomed out on December 5 and the Index has risen every day since then, gaining an impressive 61% in that time-frame. The RASI and the DJIA are now back in sync. [more]