January 5, 2018: Medium-Long Term Model update
The Medium-Long Term Model‘s value is 54 as of January 5, 2018. This is down from 56 last Friday. The model is updated daily. We post the model’s value here once every week.
A value of 54 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.