January 19, 2018: Medium-Long Term Model update
The Medium-Long Term Model‘s value is 59 as of January 19, 2018. This is up +6 from last Friday’s 53, which is quite a big jump! The model is updated daily. We post the model’s value here once every week.
A value of 59 means that the S&P 500 is more than 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.