- Rank: 106
- Followers: 7
- Votes: 6
- Years Member: 4
- Last Update: 25 February 2021, 20:07
Jan 20, 2019
A corrective move will take prices down, and can take the RASI down close to zero or even below.
What we have found is that the +500 level is an important dividing line for the RASI, in terms of giving a go/no-go signal about the new uptrend. When a rebound in the RASI occurs and it falls short of getting up to the +500 level, historically that has meant trouble lies ahead.
This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Service for more details.