Monthly DJIA Update: 5/30/03 & 4/28/78

By: Gerald Hoopes | Wed, Dec 31, 2003
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Here's an update of the 4th Monthly DJIA line chart in my August 31, 2003 communication:

For 5/30/03 and 4/28/78 to remain a pattern pair the Monthly DJIA must show a net downside bias from 5/30/03 to 5/30/05, roughly tracking its 4/28/78 to 4/30/80 path.

The rise since 5/30/03 is probably either the beginning of a deviation from the post 4/28/78 path which will eventually invalidate the pairing, or more of the greater amplitudes demonstrated by the pre-5/30/03 action versus the pre-4/28/78 action.


Author: Gerald Hoopes

Gerald Hoopes

An explanation of the Coppock Curve can be found at How to Calculate the Coppock Curve. An archive of Geralds comments can be found in the forums at

This analysis is for academic purposes only and must not be construed as investment or trading advice.

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