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Understanding Dow Theory Trends by Isa Ahmed is a document available to read on EtoBox.
What is Understanding Dow Theory Trends about?
Dow theory identifies three types of trends in the stock market: primary trends, secondary trends, and minor trends. Primary trends are the major long-term trends lasting over a year. Secondary trends are intermediate corrections that last 3 weeks to 3 months and move against the primary trend. Minor trends are short-term movements lasting less than 3 weeks within a secondary trend. The primary trend is the most important to determine according to Dow theory.
- Author
- Isa Ahmed
- Language
- EN