How to determine the market trend using Dow Theory?

[sreevalli]

Mark higher top and higher bottom

Lower top and lower bottom

When there is a higher top and higher bottom with high volume of buying then it is bullish market

When there is a lower top and lower bottom with high volume of selling then it is bearish market

[logawin]

Market Trend determine by the Dow Theory..,

Higher Top & Higher Bottem =Higher Volume With Bullish..,

Lower Top & Lower Bottem = Higher Volume with Bearish…!

 

[davidrajan]

it is determined by dow theory

higher top and higher bottom – bullish

lower top and lower bottom  – bearish

 

[Vinoth Kumar]

Higher Bottom- Higher top with Volume = Bullish

Lower Bottom- Lower Top with Volume = Bearish

[Christopher]

On a line chart, mark the Higher top,Higher bottom,Lower top,Lower bottom. If the sequence is Higher top-Higher bottom with high volumes – it is BULLISH.

If the sequence is Lower top-Lower bottom with high volumes – it is Bearish.

We need 2 years graph for forecasting the trend.

[Author]

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