[New York, June 1, 2024] – The CMT Association proudly announces Ralph Vince and Larry Williams as the recipients of the prestigious 2024 Charles H Dow Award for their seminal paper, "The Ripple Effect of Daily New Lows." The award, bestowed annually, recognizes outstanding research contributions to the field of technical analysis and market behavior.

The winning paper, "The Ripple Effect of Daily New Lows," delves into the intricate dynamics of market movements following the occurrence of daily new lows. Through rigorous analysis and innovative methodologies, Vince and Williams unveil the profound implications of this seemingly minute event, shedding light on its cascading effects throughout financial markets.

Their groundbreaking research not only expands our understanding of market behavior but also provides invaluable insights for traders, analysts, and researchers alike. Their work exemplifies the essence of the Charles H. Dow Award, which honors excellence, innovation, and scholarly rigor in the field of technical analysis.

Ralph Vince, an esteemed figure in the financial industry and a pioneer in quantitative trading, expressed his gratitude for being recognized with this esteemed award."It's a tremendous honor to receive the Charles H. Dow Award for my research on the ripple effect of daily new lows," said Vince. "I am deeply grateful to the CMT Association for this recognition and to all those who have supported and inspired me throughout my journey."

Williams added, "This is the star on the Christmas tree of my career, and to share it with Ralph (we’ve been working together since 1986) is a glow that will last many years."

You can watch the full interview with the Dow Award winners here:
https://www.youtube.com/watch?v=QLTh-LEqmRo

CMT Association is dedicated to advancing the discipline of technical analysis and promoting the highest standards of professional excellence and commends Ralph Vince for his outstanding contribution to the field. His work exemplifies the association's mission to foster innovation and intellectual inquiry in the realm of market analysis.

For inquiries about the CMT Association and the Charles H Dow Award, please visit: https://cmtassociation.org/association/awards/charles-h-dow-award/

About Ralph Vince: Ralph Vince, CEO and Founder of Exsuperatus LLC, which creates "performance indexes" for passive institutional programs and ETF providers, is a renowned figure in the financial industry, with decades of experience in quantitative trading, risk management, and market analysis. He is widely recognized for his pioneering work in portfolio optimization, position sizing, and trading system development. Ralph Vince has authored several acclaimed books and research papers, cementing his reputation as a leading authority in quantitative finance.

About CMT Association: CMT Association is a global organization of investment professionals devoted to the discipline of technical analysis. With a rich history spanning over five decades, the association serves as a leading resource for technical analysts, traders, and researchers worldwide. CMT Association offers educational programs, certification, and networking opportunities to promote the highest standards of professionalism and integrity in the field of technical analysis.

You can get a copy of the paper “The Ripple Effect of Daily New Lows” using the link below.

https://cmtassociation.org/association/awards/charles-h-dow-award/

Good Luck and Good Trading,
Larry Williams