The following is a study of the Dow Jones Industrial Average when applied to the Coppock Curve. Our goals is to determine the period for the most optimal performance with the least amount of risk. We provide data on the Dow Jones Industrial Average from 1931 to the present.
The Coppock Curve is one of the technical indicators that we focus on for long-term buy signals for the stock market. The Coppock Curve is only useful as a BUY indicator when the chart goes from positive territory to the negative territory then turns decidedly upward. As previously indicated, the Coppock Curve does not provide SELL signals in any way. Once the signal turns upward (while in the negative territory), investors should consider buying stocks at the beginning of the month.
The following is the Coppock Curve analysis based on the “buy” indication and the subsequent performance. We will follow this review with the S&P 500 and Nasdaq Composite in the coming days.