 |
| 2015.10.01 XOI.X Cycle Model Chart |
The XOI.X cycle model suggests we are approaching a low for the index. The model suggests the target date of October 9, 2015 as the cycle low. Please remember these are models, and not reality, and that the "true" target low may have already occurred, or could still be a few months away. Or, "All models are wrong but some are useful." A previous iteration of the model is shown below and here on the blog. This model has been well-behaved in the past, however, that is not a guarantee for the future since sometimes cycles extend, even to the point of blowing up!
 |
| XOI.X Cycle Model Chart |
2 comments:
Your long term model shows a bottom a week later, but that seems insignificant in the long view and very minor in the timing of a perfect bottom entry.
I noticed the difference between the past & most recent model chart to be the smoothing of the peaks and valleys. Why is that?
And I look forward to a very profitable play in XOI over the next few years.
Thanks Paolo!
I think it's indeed "game time" for oil and gold in terms of a turning point - FOMC minutes are released on the 8th October and could prove to be the catalyst. I'm also looking for a turnaround for indices after fresh lows next week, although I'm aware that is contrary to your DJIA model.
Mr. Anon
Post a Comment