Coppock curve indicates US rally may be long term

One of the leading indicators of a sustained bull market, the Coppock curve, has revealed US stocks ...

One of the leading indicators of a sustained bull market, the Coppock curve, has revealed US stocks are set for their first long-term positive run in six years. The indicator - named after the late ESC Coppock and which uses the S&P 500 as a guide - delivered a buy signal at the end of May, after falling to the lowest reading since 1938 in April, according to Bloomberg data. When the guide moves positive from a negative position, as it did in last month, it is thought an "important, sustained advance" follows. Société Générale global strategist Albert Edwards says the Coppock indicato...