The many stages of the market. According to Dow Theory, the markets are divided into three separate stages that repeat themselves. The Accumulation phase, Markup phase, and Distribution phase are the three phases. The Accumulation phase usually follows a significant market sell-off.
The Dow Theory, commonly known as the Dow Jones Theory, is a fundamental component of technical analysis. Its concepts aid traders in better understanding the market and identifying price and volume fluctuations. Charles Dow proposed this notion many years ago, long before candlestick charts were established.
According to Dow theory, the market is in an upward trend when one of its averages exceeds a previous significant high and is preceded or followed by a similar rise in the other average. As a result, a Dow theory trading strategy is a trend-following technique that can be bullish or negative.
Summary. A bull market is more likely to continue if new highs in the Dow Industrials are accompanied or followed by new highs in the Dow Transports, according to Dow theory.
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Digvijay Dattatray Pawale
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Good
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Amir Tufail
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So it's mean that Trends are 3 types : i) Bullish (ii) Barresh (iii) Siteway
And Traders are i) position trader (ii) Swing Trader (iii) Day trader (iv) Scalper Trader
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Bhimani Nirbhay
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good l
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Mohd Abdullah
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Nice
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Akash Kumar
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Bhupendra Yadav
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Sir Its Very Ausome Course And Your Tecnic Is Very For Teaching
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Deepanshu Singh
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Best Technical Analysis Course....
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md arman
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i watch this 4,5 times but really i don't understand the topic.
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