Update of Post Coppock Curve Buy Signal Patterns in Phase Space
Here's an update of the 5 charts shown in my November 11, 2003 communication:
First comes a Cycloops phase space chart in which a complex coordinate is plotted against the natural logarithm of the NYSE Trin smoothed by six 10-day moving averages. The time span covers the 135 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.
Fifth comes a line chart of Peter Eliades' CI-NCI Ratio.
According to the 4/28/78 pattern it's about time for this last indicator to top out.