March 23, 2018: Medium-Long Term Model update
The Medium-Long Term Model‘s value is 69 as of March 23, 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 69 means that the S&P 500 has completed more than 2/3 of its current “big rally” cycle. This “big rally” began in February 2016. There is still a fair amount of time until the next significant correction or bear market.