Thursday, September 29, 2016

2019.09.28 Silver Cycle Model Chart

2016.09.28 Silver Cycle Model Chart

The silver cycle model correctly predicted a decrease in price right after the model run shown below, and here on the blog.  Of interest, the model is not showing a phase shift in time, but a magnitude shift in price. If the model is correct, we should see a local minimum in price some time in the next month, followed by a rising price into 2017.  Of course, remembering that all models are wrong, but some are useful.

2019.08.12 Silver Cycle Model Chart

Wednesday, September 28, 2016

2016.09.27 XOI.X Cycle Model Chart

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