February 23, 2018: Medium-Long Term Model update
The Medium-Long Term Model‘s value is 64 as of February 23, 2018. This is unchanged last Friday. The model is updated daily. We post the model’s value here once every week.
A value of 64 means that the S&P 500 has completed almost 2/3 of its current “big rally” cycle. This “big rally” began in February 2016. The next significant correction or bear market is still somewhat far away.