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 689.53

-0.8%

Feb 3 4:00 PM EST

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To: Peace who wrote (125742)	5/31/2019 4:53:31 PM
From: GROUND ZERO™	Read Replies (1) of 222861

The Coppock Curve, which i just finished calculating, shows a major topping action on a monthly basis for the DOW... also, every one of the major market indices except the DOW has a monthly outside key reversal with a close below the previous three monthly closes, specifically the RUT... I find this noteworthy and suggestive of a possible decline much deeper than 300 SP points as first mentioned... We'll see where it goes after the possible bounce to 2810 to 2830, but the downward pressure is still very much intact as of today's close... GZ

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