Modified Coppock Indicator for the S&P500
The modified Coppock Indicator has produced another buy signal. This indicator will signal investment in the S&P500 until September next year or until the S&P500 has gained 38%, whichever comes first, unless another buy signal emerges before that
Unemployment
October 10, 2013: The modified September unemployment rate was reported at 7.2%. Here is the monthly update on using the UER as a recession indicator.
My tracking worksheet doesn’t show a buy.
My calculations of the 8 period EMA indicator shows .064 and the Indicator maximum versus current level shows a difference of 0.
Can you clarify numbers at your end?
Thanks.
All 3 conditions for a buy are in place since 10/11/13.
WMA(32) > EMA(8)
WMA(32) – EMA(8) > 0.03
16wk max WMA(32) – WMA(32) >0.004
Buy signal is generated when 2 consecutive buy signals occur.