Thursday, February 2, 2017

2017.02.01 XOI.X Cycle Model Chart

2017.02.01 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.  That said, my medium-term trading model for USO went short on December 21, 2016 and continues short.  I update it on Fridays, so if it changes, I will post a comment here.  A previous iteration of the model is shown below.


2016.12.27 XOI.X Cycle Model Chart

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