The Coppock guide, which was developed in the early 1960s by technician E.S.C. Coppock, was designed as a guide by which to identify major market bottoms, with the specification that buy signals would be generated when the 10-month smoothing dropped below zero and then reversed upward. The Coppock guide is also an effective indicator of market tops, with sell signals flashed when the index rises above 1.3, tops out and then drops by l l points. 5 year subscription to Working Money. Free book selection. Limited time offer.
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