• 1,163 days Will The ECB Continue To Hike Rates?
  • 1,163 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,165 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,565 days Could Crypto Overtake Traditional Investment?
  • 1,570 days Americans Still Quitting Jobs At Record Pace
  • 1,572 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,575 days Is The Dollar Too Strong?
  • 1,575 days Big Tech Disappoints Investors on Earnings Calls
  • 1,576 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,578 days China Is Quietly Trying To Distance Itself From Russia
  • 1,578 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,582 days Crypto Investors Won Big In 2021
  • 1,582 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,583 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,585 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,586 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,589 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,590 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,590 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,592 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

More on the Coppock Curve Buy Signals of 4/28/78 & 5/30/03

My June 6 communication showed that the 8 deep and very deep Monthly DJIA Coppock Curve buy signals occurring after 12/1/61 comprise 4 distinct pairs with respect to time path patterns generated by plotting the smoothed CI-NCI Ratio against the inverted and smoothed NYSE TRIN. One of those pairs consists of the signals of 4/28/78 and 5/30/03.

Data permit moving the initial date of investigation from 12/1/61 to 12/27/40. That allows the time paths of 2 additional deep Coppock Curve buy signals (9/30/42 and 8/29/47) to be highlighted on the chart, from the date the smoothed CI-NCI last dipped to 0.9500 to the date of the signal. The time path of the 8/29/47 signal fits the pattern of 1/31/63 and 9/30/82.

The time path of the 9/30/42 signal, on the other hand, fits the pattern of 4/28/67 and 10/31/88.

Thus, even after the addition of 21 early years to the investigation, the 4/28/78 and 5/30/03 signals remain uniquely akin with respect to pattern.

The following chart shows that the 9/30/42 signal was a big winner, but that the 8/29/47 signal was about 2 years early.

Most later signals were big winners. However, 4/28/78 was not. The outcome of the 5/30/03 signal remains to be seen.

Back to homepage

Leave a comment

Leave a comment