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Update of Post Coppock Curve Buy Signal Patterns

Here's an update of the 5 charts shown in my October 21, 2003 communication:

First comes a scatter chart in which the CI-NCI Ratio smoothed by six 10-day moving averages is plotted against the NYSE Trin smoothed by six 10-day moving averages. The time span covers the first 207 trading days after the 4/28/78 and 5/30/03 deep monthly DJIA Coppock Curve buy signals.

Second and third come line charts showing each of the above 2 coordinates separately over the 500 trading days before and after the same 2 signal dates.

Fourth comes the latest update of the Monthly DJIA line chart showing the 24 months before and after the same 2 signals.

Fifth comes a line chart of Peter Eliades' CI-NCI Ratio.

The Six by Ten Trin and Six by Ten CI-NCI Ratio are both dropping. So the green path in the scatter chart continues its movement downward to the left. That green path must eventually "catch up" with the coral path in order to preserve the pattern pair.

P.S. The third chart in my February 24, 2004 and March 17, 2004 communications had an error which has since been corrected. The error consisted of me inadvertantly using the 5/5/76 to 4/21/80 time series where the 11/7/86 to 12/23/90 time series was called for.

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