The oil index model suggests that prices will stabilize in the 1300 area in the first quarter of 2015. A previous iteration of the model is shown below and here.
2014.03.31 XOI.X Cycle Model Chart
1 comment:
Anonymous
said...
Outstanding forecast by the XOI model - looks stable with respect to the last few runs. Also seems to have "caught" the reversal over the past few days.
I'm not trading oil at the moment (I'm using XOI as a proxy), but certainly will take a long position if the final dip comes to fruition later this year.
1 comment:
Outstanding forecast by the XOI model - looks stable with respect to the last few runs. Also seems to have "caught" the reversal over the past few days.
I'm not trading oil at the moment (I'm using XOI as a proxy), but certainly will take a long position if the final dip comes to fruition later this year.
Mr. Anon
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