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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.89+0.3%4:00 PM EDT

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Mevis
Tomas
Vitas
To: Gary105 who wrote (57186)2/9/2014 10:28:58 AM
From: GROUND ZERO™3 Recommendations  Read Replies (1) of 218269
 
Here's a current graph of all four of the internal ratios used for the Coppock curve, this graph is current as of Friday... this particular graph begins in 1990, which is a good enough sample to post here, I have the graph going back more than 100 years...

You can see the 3 or 4 prominent peaks, all of them are false tops, when you look at the price chart you can see those Coppock top peaks to be no more than pauses in a market rally... however, the two major bottoming peaks are accurate, I find this to be intriguing and of some serious value when looking for validation of a bigger market bottom... so, you still have to use other tools to qualify a topping action to be valid...



GZ
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