Dow theory is when the market is in an upward trend if one of its averages advances above a previous important high and is accompanied or followed by a similar advance in the other average. Its principles help traders understand the market better and identify price and volume movements more accurately.
Susanne Reshma, , Dow Theory, dow theory, High Bottom, High top, Low Bottom, Low top, resistance, support
Hi,
Nice work… Hope you got a better understanding about the dow concept.