SPX SSA (CYCLES) MODEL

Hi Again Traders,

As you know Midas is not my only tool that helps me know where the market is heading.   I also like Gann, DSP, the occasional Astronomic forecast and of course "cycles".  Here is a SSA (singular spectrum analysis) model that uses the first 8 principle components.  It also has a 40 bar MEM (Maximum Entropy) forecast and two sigma (i.e. 2 standard deviations or 95% confidence) bands. As you can see today's low is way below the lower band.  This tells me todays low will probably stick, that and the cycles are turning UP.  If you are wondering how this chart was made, watch my XLCYCLES video on the Home page.