Chart-of-the-Day

S&P 500 Index Marking Time

The S&P 500 Index has recently backed off its all-time high of 3,027 and fallen below the psychologically important 3,000 level. Critical support levels are at 2,950 and 2,875. [more]

2019-09-26 RASI-banner
Analyst Articles

RASI: Market Outlook Still Positive; Up-Trend Stalled

The RASI Index has shown good momentum since the end of August, but it has now stalled and could be “rolling over”. The DJIA shows the same trend. A new catalyst may be required to get both Indexes moving higher again. Progress on the USA-China trade talks could be that catalyst. [more]

Analyst Articles

RASI: Market Outlook Positive; Trend Positive

The RASI at the close on Wednesday, September 18 is at 765 and the Index continues to rally increasingly above the critical 500 level, which denotes the dividing line between Positive and Negative market expectation. [more]