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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 677.62-1.2%Feb 5 4:00 PM EST

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Hawkmoon
Mevis
rxbond
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SGJ
the longhorn
To: SGJ who wrote (153331)2/2/2021 12:29:07 PM
From: GROUND ZERO™6 Recommendations   of 222991
 
I have this data for the DOW going all the way back to 1914, but here's the most recent 40 years...

The darker blue line is the monthly DOW line, the lighter blue line is the Coppock Curve line...

You can see that the Coppock Curve just recently signaled a bottom where the previous Coppock Curve bottom occurred, from these bottoms the market usually runs for a great distance...

The Curve is still near the bottom, so there's plenty of upside to go from current levels before any serious downside move begins...

Sure, there'll be corrections along the way, but not any real market crash suggested here...



GZ
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