• 777 days Will The ECB Continue To Hike Rates?
  • 777 days Forbes: Aramco Remains Largest Company In The Middle East
  • 779 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,179 days Could Crypto Overtake Traditional Investment?
  • 1,184 days Americans Still Quitting Jobs At Record Pace
  • 1,186 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,189 days Is The Dollar Too Strong?
  • 1,189 days Big Tech Disappoints Investors on Earnings Calls
  • 1,190 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,192 days China Is Quietly Trying To Distance Itself From Russia
  • 1,192 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,196 days Crypto Investors Won Big In 2021
  • 1,196 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,197 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,199 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,200 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,203 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,204 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,204 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,206 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

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