July proved a relatively quiet month on the Coppock front - one of the few noteworthy market signals was the sell on Italy’s MIB index, adding to the flurry of red flags seen across the European bourses in June. Given the lingering uncertainties in Europe’s periphery, and the MIB’s strong run since July 2012 - when Coppock said buy - that signal could be worth paying attention to. Only Spain’s Ibex remains a Coppock buy among the European markets we cover.
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