2016.06.24 Gold Cycle Model Chart

2016.06.24 Gold Cycle Model Chart

The gold cycle model has been performing reasonably well over the past few months. There is strong cyclical pressure for higher prices going into Summer and Fall. A reminder that these models are based on extraction of cycles based on historical data, and contain no information on "current events."  Previous iterations of the model are found below and on the blog.

2016.05.20 Gold Cycle Model Chart

2016.04.01 Gold Cycle Model Chart

2016.06.04 XOI.X Cycle Model Chart

2016.06.03 XOI.X Cycle Model Chart

The most recent model run suggests the index is ending its pause and the resumption of a rise is imminent.  The previous model run is shown below and here on the blog.

2016.04.15 XOI.X Cycle Model Chart

2016.05.28 NASDAQ Cycle Model Chart

2016.05.28 NASDAQ Cycle Model Chart

I have worked on and off for the past six months on this new model featuring the NASDAQ index. It has been tested on out-of-sample data and passes with flying colors. Nevertheless, once again a reminder that all models are wrong but some are useful.  The model suggests a change in the long term direction of the index beginning in the mid-June time frame.