Coppock Curve
Categories: Financial Theory
This thing’s a little tricky to wrap your head around, but it’s more or less just a formula that helps read long-term market trends. The formula uses the rate of change experienced by an index after 11 and 14 months to come up with an average change.
You may be thinking: if the market has a randomly volatile and crappy year, how accurate could this possibly be going forward?
You’re right. In that case...it’s pretty worthless.