• 17 hours 3 Semiconductor Stocks Looking Great On EV Demand
  • 3 days Robinhood’s $40B March IPO Is In Grave Danger
  • 4 days Are Bots Responsible For GameStop’s Massive Runup? 
  • 5 days Learning From Buffett’s $11 Billion Mistake
  • 8 days The Token Boom Spawns Digital Gold Mine in Art, Collectibles
  • 9 days The “Oil Of The Future” Is Set To Soar In 2021
  • 9 days Wealthy Could End Up Footing The Bill For States’ Budget Shortfalls
  • 9 days Could This Be The Hottest Commodity Play Of 2021?
  • 10 days JP Morgan Says Fintech Will Steal The Disruptor Show
  • 12 days Facebook Plays Dirty Down Under
  • 12 days Could This Be The Most Exciting Lithium Play Of 2021?
  • 15 days China Sidelines US As EU’s New Top Trading Partner
  • 17 days 3 Smart Ways To Play the Global Chip Shortage
  • 18 days Flying Taxis Are The Number One Speculative Bull Arena
  • 19 days Ocean Power: The Missing Link
  • 24 days Luxembourg’s Ultra-Secrecy Still Attracts Hundreds Of Billionaires
  • 25 days Robinhood Is Under Fire And Trading ‘Democracy’ Is In Question
  • 26 days Bitcoin Could Be Worth $12 Trillion In The Long-Term
  • 27 days The Biggest Tech IPO Since Uber … For Farmers
  • 29 days The Biggest Boost Yet for the Cannabis Industry
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

Update of Extension of Post Coppock Curve Buy Signal Patterns

Here's an update of the 5 charts shown in my May 21, 2004 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 from 250 to 500 trading days after the 4/28/78 deep Monthly DJIA Coppock Curve buy signal and from 250 to 390 trading days after the 5/30/03 signal. This is actually an update of the 4th chart in my June 11, 2004 communication.

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.

Regarding the possible pattern pair under consideration here (whether it be genuine or merely by coincidence) not much can be gleaned from the scatter chart this long after the relevant Coppock Curve buy signals. Turning to the line charts, notice that the CI-NCI Ratio and the Six by Ten CI-NCI Ratio have both "joined up" with their respective earlier cases to the downside after having been above them for more than a year and are now rebounding. The Six by Ten Trin, meanwhile, continues to emulate the earlier case fairly well. With respect to the Monthly DJIA (which is where any pattern pair matters most), in my opinion the pattern pair under consideration cannot demonstrate its existence without the DJIA dropping into (or through) the 8,000 neighborhood before June of 2005.

Back to homepage

Leave a comment

Leave a comment