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

[Ravishankar]

Dow theory help us to identify the buyer zone and supplier zone alone but it will not tell us the price moment in the market.

Without knowing buyer and seller zone it’s difficult for any other analyst to do deep level investigaion on price pattern/moment hence dow theory remains on top. As well, this is an old and successful theory followed for years.

[sreevalli]

The major criticism is it is not suitable for short- term trading and intraday trading and it will not say the price pattern of the stock

Though it is like this it is the most oldest theory with great success ratio and without demand and supply of dow theorywe can’t analyze the price

[logawin]

Dow Theory is Oldest Theory & Help has to Identify the Buyer zone and Supplier zone.,

It’s Used for Long term Trading.., & Not Suitable for Short term Trading..,

It’s has 56% Success Ratio and it is Proved…!

 

[davidrajan]

it is not suitable for short term trading

though it is first theory with great success

[Vinoth Kumar]

Not for Short Term Trading. Its the Oldest theory. Demand and Supply Zone can be Identified And analysis can be done whether Demand > Supply or Supply > Demand.

[Author]

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