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Dow theory is one of the earliest approaches to technical analysis. It enables us to understand the concept of demand and supply which in-turn tell us the direction of the market, i.e., whether it is trending +vely (bullish) or -vely (bearish).
<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”> the earliest approaches to technical analysis.</span>
<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”> enables us to understand the concept of demand and supply which in turn tell us the direction of the market (as market discounts everything)</span>
Dow theory is one of the earliest approaches to technical analysis. It enables us to understand the concept of demand and supply which in-turn tell us the direction of the market, i.e., whether it is trending +vely (bullish) or -vely (bearish).
Dow theory determines strength of demand and supply. It can be used to find bullish or bearish trends.
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