Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 689.17

+0.2%

Dec 11 4:00 PM EST

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Ms. Baby Boomer

To: Seismo who wrote (114367)	11/22/2018 9:20:43 AM
From: GROUND ZERO™	1 Recommendation Read Replies (4) of 220068

I know that the monthly reading for the Coppock Curve is taken after the close of the last day of each month, BUT I just entered yesterday's close for november just to see how it looks right now... What I noticed is that under the column for DJIA Unchanged, that line has gone nearly completely flat... The last four times that happened were in 2015, 2008, 2000, and in 1987... it happened numerous times between 1956 and 1976, and then again earlier in 1929... it also happened in 1916 and in 1914 before that... Having more than 100 years of back data certainly makes in very clear where the market is today in relative position, it's like having a precise GPS reading of the market's current location... It should be interesting to see where the DOW closes on Friday, November 30th... Also, on that Friday, November 30th the FED will again adjust their balance sheet to the tune of another $24.9 billion... GZ

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