May 5, 2018: Medium-Long Term Model update
The Medium-Long Term Model‘s value is 70 as of May 4, 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 70 means that the S&P 500 has completed almost 3/4 of its current “big rally” cycle. This “big rally” began in February 2016. There is still at least a few months before the next significant correction or bear market begins.