Dow theory is old concept but still considered useful for deriving the trend of stock.valid for monthly basis. consider 2 years period. identify the sequence of top and bottom and then easy to identify bullish or bearish conditions.
Dow theory is old concept but still considered useful for deriving the trend of stock.valid for monthly basis. consider 2 years period. identify the sequence of top and bottom and then easy to identify bullish or bearish conditions.