Coppock Curve Buy Signal Pattern Pairs and the DJIA

By: Gerald Hoopes | Sun, Aug 31, 2003
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Most of my prior communications focus on 4 pattern pairs formed by depicting the 8 latest deep and very deep Monthly DJIA Coppock Curve buy signals in a phase space called Cycloops and in an ordinary space where the Six by Ten CI-NCI Ratio is plotted against the inverted Six by Ten Trin.

Do those same 8 buy signals also pair off on simple Monthly DJIA line charts?

Consider these 4 charts:




Its too early to judge the 4th pair, but if it distinguishes itself as well as the other 3, the DJIA should show a downside bias from 5/30/03 to 5/30/05, marking the weakest 24 months after a buy signal since those following 4/28/78.

That outcome, by implying that 24 months of POST-signal DJIA behavior is somehow ruled by 24 months of PRE-signal DJIA behavior, would suggest that the DJIA is at such times essentially an intricately lagged function of itself.


 

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 www.longwaves.net.

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

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