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Tagged: Demand, Line Charts, Supply, Volume of Data
Usually a line chart is used for DOW theory with a minimum period of 2 yrs. the duration of the trend forecast is 2-3 months
Use line chart with 2 years data, duration of the trend is 2 month
Line charts are best for Dow theory. The minimum look up period for plotting the chart is 2 years and the minimum period required for duration of trend forecasting is 3 months or more.
LINE CHART which uses the closing price alone
MINIMUM 1YR duration is 1 month
This Requires minimum 1 year period for observation. Generally it helps us to understand Near Term price movement (3 – 4 Months)
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