|2014.02.28 XOI.X Cycle Model Chart|
The Amex Oil Index cycle model continues to perform well within a 1 month window, and successfully predicted a rise in the index over the past few weeks. If the model is correct, higher prices will continue until the late summer of 2014. The previous model is shown below as well as here.
|2014.02.07 XOI.X Cycle Model Chart|