Dow theory is the best tool if you want to trade once a while.
It gives you an overall understanding about the trend of the market if it is positive or negative.
It gives you a good understanding about supply and demand.
Higher bottom higher top means bullish
Lower top and lower bottom means bearish.
Hi,
Your Question 1 :: Max time period you can forecast using Dow Theory?
In general, a secondary, or intermediate, trend typically lasts between three weeks and three months.