2016.08.19 NASDAQ Cycle Model Chart |
It is very unusual in this type of cycle model that the predictive price curve and actual price curve remain so tightly aligned over time. The model strongly suggests a turning point in the NASDAQ may occur in the September 1, 2016 time frame. The previous iteration of the cycle model is seen below and here on the blog.
2016.07.29 NASDAQ Cycle Model Chart |
1 comment:
Ouch - that's some drop, but correlates well with perhaps unintended effects of a Q4 Fed rate rise, although equity markets seem to be relatively susceptible to percieved manipulation. I wonder if I can take advantage somehow, although I consistently find indices relatively challenging compared to crude oil.
Great work once again Paolo!
Mr. Anon
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