Dow theory is the best in class learning theory for basic stock market beginers
- : Dow theory is the stock analysis theory which tells us about the market movement with technical analysis
- : 2 years chart is used,
- : up trend and down trend
- : It cannot predict the next day but on a longer run it will be very useful.
- : In uptrend, If the line cross the previous top with good volume we can buy and in down trend if the price go down the previous low we can go for short
- : Previous Low is support, Previous high is resistance