January 12, 2018: Medium-Long Term Model update
The Medium-Long Term Model‘s value is 53 as of January 12, 2018. This is down -1 from last Friday’s 54 (despite the S&P 500 going up)! The model is updated daily. We post the model’s value here once every week.
A value of 53 means that the S&P 500 is approximately halfway in its current “big rally” cycle. This “big rally” began in February 2016. The next significant correction or bear market is still far away.