Dow theory is one of the oldest technical tool, still used by many for analyzing the market trend. It is used vastly by traders for positional trading. The market trend is forecasted by using demand and supply along with traded volume. Of all the charts line chart is best suited for Dow theory, a minimum period of 2 years chart is need for this purpose.
, , Dow Theory, Bearish trend, BREAK OUT POINT, Bullish trend, dow theory, High Bottom, High top, Line chart, long, long unwinding, Low Bottom, Low top, MARKET TRENT, short, short covering, technical analysis
Hi,
We greatly appreciate your involvement, you’re doing a great job
Thank you Naresh for you motivating words 🙂