|2019.01.11 XOI.X Cycle Model Chart|
The XOI.X cycle model appears to have predicted the timing of the local minimum, but not the magnitude, which is common for these cycle models. Going forwards, the model suggests a rise in the index over the next 6 months, and that the probability of lower values for the index is quite low, even with the possibility of a right phase shift. A previous run of the model is shown below and here on the blog. The medium term model for USO is also on buy as of 2018.12.31, as seen here.
That said, I wish all readers a prosperous and healthy New Year!
|2018.11.25 XOI.X Cycle Model Chart|