Above, you can see how helpful Coppock has been in plotting the ups and downs of the Nasdaq 100 Technology Index (NDXT). I have used the blue smileys to indicate buy signals and red for sell.
There is a strong case for fully investing in a blue buy signal and going 100 per cent liquid after a red sell signal. The most certain thing about Coppock is that a buy signal will follow every sell signal and a sell after every buy.
You may lose some gains, but you will assuredly make gains.
My other thesis is that when Coppock is in negative territory (below the blue line), the market is in buying territory.
It is much easier to make money against the background of a rising Coppock, in indices and individual shares. As noted in earlier alerts, in line with the indices, most individual share Coppocks are falling.
Coppock is like the tide, either coming in or going out. It is much easier to swim with the tide than against it.
Strategy – Go With The Flow
It is hard to make money in the stock market at the moment, and the behaviour of Coppock, falling steadily, gives us a clue as to why.
