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Arulraj, , Dow Theory, Demand, higher top-higher bottom, Lower Top-Lower Bottom, resistance, Supply, support
Dow theory helps to identify the characteristics of demand & supply to identify the trend. It is more reliable for a longer durtaion (2 years) and can’t be suitable for Intraday/short term trading.
2 main concepts
Buy = Demand > supply
Sell= Supply > demand.
Buy = Higher bottom higher top with high volume
Sell = Lower top lower bottom with high volume.
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Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
FEDERAL BANK – BEARISH ENGULFING October 17, 2019
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Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
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