|2019.01.18 NASDAQ Cycle Model Chart|
With the usual caveat that equity based cycle models have less predictive value than their commodity based versions, this model seems to have captured the low in timing if not in magnitude, and is now suggesting a local maximum in the May, 2019 time frame. A previous run of the model is shown below and here on the blog. The medium-term timing model still has NASDAQ on buy as shown here.
|2018.11.21 NASDAQ Cycle Model Chart|