February 2, 2018: Medium-Long Term Model update
The Medium-Long Term Model‘s value is 63 as of February 2, 2018. This is unchanged from last Friday. The model is updated daily. We post the model’s value here once every week.
A value of 63 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.