How to determine the market trend using Dow Theory?

[bhavani Participant Rank: Level 7]

The market trend is considered bullish if the sequence is higher bottom and higher top and bearish if it is lower top and lower bottom.

[Gopalakrishnan Participant Rank: Level 4]

Use the minimum 1 year line chart and mark the bottom & top.

If the higher bottom and higher top is came that is long and if it is lower top and lower bottom is short.

[Ramesh Participant Rank: Level 5]

Market trend is determined using the following rules in Dow theory

Bullish – Forming Higher top followed by higher bottom and it’s well supported by high volume.

Bearish – Forming Lower top followed by lower bottom and it’s well supported by high volume.

[V.VEDANAYAGAM Participant Rank: Level 5]

MARKET trend is the map of the price movement of a stock
Price is decided by demand and supply
IF the demand exceeds supply price moves upward and vice versa
SO plot the(closing) price for a long period say for one year

one can understand whether price is going up or down or side ways
IF the the subsequent top and bottom are higher than the previous top and bottom respectively then the trend is upward called BULLISH
IF the subsequent top and bottom are lower than the previous top and bottom respectively then the trend is downward called BEARISH

[Naveen Participant Rank: Level 6]

market trend can be determine by using dow theory

higher bottom – higher top = bullish trend with higher volume

lower top – lower bottom = bearish trend with higher volume.

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