Dow introduced the study of Demand and Supply when everyone was studying the company.
Spot tops and bottom, qualify high and low and identify sequence (HT, HB, LT, LB).
Daily charts with 2 yrs data is required.
Higher bottom higher top is bullish confirmed with volume is a signal for long position.
Lower top and lower bottom is bearish confirmed with volume is a signal for Sell position.
Follow the trend and don’t forecast.
Dow theory Basics
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Stock Analysis
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Bullish View
Bearish View
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