Coppock says we should buy

I have been away for a few days, so I have not had a chance to update my Coppock indicators with the monthly numbers for the last trading day in April.

With share prices still climbing strongly, it is obvious that there will be plenty of confirmed Coppock buy signals when I do update the figures.

Just to recap, Coppock is a rate of change indicator progressively weighted to give extra significance to the most recent changes.

It was designed to tell institutional investors when to buy i.e., after a bear market when a new bull market had just begun.

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Start of long term rally
You might feel that shares have already had a good recovery but that doesn’t matter to Coppock.

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