Euro Fx, 5m chart, Today

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The 18.6 year cycle in the Dow Jones Index

I applied the famous coppock indicator for yearly chart instead of monthly chart. It gives outstanding results and put in evidence the long term 18.6 years cycle for stocks.

Here there are all the signals generated by the oscillator:

1. Short 175 - 1929
2. Cover and buy long at 125 - 1942
3. Cover and sell short at 966 - 1966
4. Cover and buy long at 1222 - 1983
5. Cover and sell short at 10095 - 2000
6. Still short - 2009

The coppock was originally intended for monthly trading, so using both monthly and yearly signals would have been generated much more profits.

Private Post for Hugo