|2018.01.19 XOI.X Cycle Model Chart|
The cycle model for XOI.X suggests that the basing process over the past year may be ending, and there is strong pressure for an increase in the index values moving into Spring of 2018. One of the stronger cycles that appears in this model is ~11.6 years, which coincides with the solar cycle length, and sky watchers are aware that we are entering a solar minimum. Of course, correlation does not prove causation, and the model can be wrong. However, I find it pretty interesting! My USO medium Term AI model also continues to suggest higher prices as well. The previous output of the cycle model is shown below and here on the blog.
|2017.12.22 XOI.X Cycle Model Chart|