|2015.09.04 DJIA Cycle Model Chart|
I usually don't perform weekly updates on the models, but I thought readers might be curious about the DJIA model. I am! Strong decadal, yearly, seasonal and monthly cycles are all headed lower at this juncture and the DJIA seems, for now, to be following the script. The model predicted a close of 16746.10 and the DJIA closed at 16102.38. The Z-score at the close, which is hard to see above, is 0.579. Please note that I have updated the time axis. The first published iteration of the model is shown below and here on the blog.
|2015.06.12 DJIA Cycle Model Chart|