|2016.09.27 XOI.X Cycle Model Chart|
The XOI.X model shows a continued right phase shift, and a major discordance between the predicted and actual index level. I note that a similar discordance occurred twice before, with Z-score > 6, on 1987.10.19 and 2008.10.15. Both times the index resolved to the upside within 6 weeks.A previous chart of the model output is shown below and here on the blog.
|2016.08.22 XOI.X Cycle Model Chart|