Sunday, February 9, 2014

2014.02.07 XOI.X Cycle Model Chart

XOI.X Cycle Model 2014.02.07

The Amex oil index model continues to suggest higher prices peaking mid-Summer 2014.  Currently, the predicted attractor curve is higher than the actual price. If the model performs as it has on a historical basis, it indicates some upward pressure on prices should be seen in the next few weeks.  For comparison purposes, here is the model from the previous run from 2013.12.06.

XOI.X Cycle Model 2013.12.06

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