|2019.03.01 XOI.X Cycle Model Chart|
The cycle model continues to suggest higher levels for the index going forwards. There remains the possibility of a right phase shift, but the probability of much lower prices for the index is quite small, if the model is valid, of course! A previous run of the model is shown below and here on the blog. The medium term model is still on Buy as shown here.
|2019.01.11 XOIX.X Cycle Model Chart|