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| 2017.02.24 XOI.X Cycle Model Chart |
The XOI.X model predictive curve continues to shift to the right, and
suggests that much lower prices are highly unlikely, while pressure is
building for a rise going forwards. Astute readers with good memories will realize this is the same analysis as provided from the model run about a month ago shown below. Also of note is that a medium term model of USO continues to remain in sell mode,
as shown here. A previous iteration of the model is shown below and
here on the blog.
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| 2017.02.01 XOI.X Cycle Model Chart |
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