Sunday, February 8, 2015

2015.02.06 XOI.X Cycle Model Chart

2015.02.06 XOI.X Cycle Model Chart



















This cycle model suggests that index prices have gotten a bit ahead of themselves, with the Z-score close to 2 sigma units suggesting a reversal. According to the model,  reversal is highly probable in the next few weeks. This cycle model suggests a maximum in the index occurring in April 2015. This is likely due to strong seasonal cycle components.

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