What are the major critics against Dow Theory? How come it remains on top of any analysis?

[Manikandan]

dow theory explains only supply and demand of the stocks. it can predict stock price movements.

[Deepika Nautiyal]

Major critics against DOW THEORY are :

1. It can’t be used for short term trading.

2. Price movement is predictable only with historical data hence a trader can’t make big profits.

3. It gives price movement only not price characteristics.

[Livya]

It is strong about creating long position and short position but not long unwinding and short unwinding
when we make unwinding profit is less because we can’t predict the pattern soon.It takes much time.It is only for long term trading

It remains top because it says the strong demand and supply

[Karthik]

it can only be used for knowing the market trend and it cannot be used for short term trading to know the price behavior.

 

[RAVIKUMAR]

Entry point and exit point takes long time to confirm  , not suitable to day trading .

it is the very first basic theory to analysis stock movement used till date for basic price movement

[Author]

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