DOW THEORY-
TO observe market price movement
To follow the trend to reach demand and supply through price and volume.
REQUIRED-
Line chart is required.
minimum look up period is 2 years.
trend forecasing- 2-3 months.
METHOD-
STEP 1 open char–> daily charts–> min 2 years.
STEP 2- spot major TOP and BOTTOM
STEP 3- qualify top and bottom.(higher and lower)
STEP 4 – Identify sequence -HB-HT—> BULLISH- CREATE LONG—> CHK VOLUME
Identify sequence -LT-LB—> BEARISH- CREATE SHORT—> CHK VOLUME.
PREDICTION-
D > S –> BULLISH (BUY-LONG)
S>D —> BEARISH (SELL-SHORT)
Reliable– previous bottom and previous top
Important aspect of the Dow Theory
When the system signaled a bearish trend, stocks were sold.the risk (volatility) is significantly reduced.
DOW TREND
feel free to call us +919500077790 info@eqsis.com
0 Comments
Stock Analysis
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | ||
6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 | 31 |
Bullish View
Bearish View
- Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
- FEDERAL BANK – BEARISH ENGULFING October 17, 2019
- Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
- Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
- Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
How this forum help stock traders?
Stock Trading is business, the success depends not just on capital or subscribing advisory services or participating workshops. The factors such as your awareness level about business, Efforts and your contributions, Smartness, Knowledge in analysis and trading instrument, availability of infrastructure and emotional control determine your success.