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The Guide is not for short-term traders since it attempts to measure major turns in market momentum.Forbes.com ran a story based on the Coppock Guide that turned out to be fairly prescient and unfortunate because, believe it or not, the Coppock Guide was indicating a turn in market sentiment and momentum to the negative.” So what does Coppock’s Guide indicate now? What does the Curve now say about the possibility of a turn in market momentum? Pictures (or charts) are worth a thousand words and the a chart of Coppock’s Curve is quite revealing: |
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