About this document
Understanding Dow Theory Basics by Ara Taningco is a document available to read on EtoBox.
This document provides an introduction and overview of the Dow Theory, which uses the Dow Jones Industrial Average and Dow Jones Transportation Average to analyze stock market trends. It explains that the Dow Theory was developed in the late 1890s after observers like Charles Dow discovered that stock prices tend to move together in overall trends, rather than fluctuating independently. The document outlines the history and basic principles of the Dow Theory, how the two Dow Jones averages are calculated an
- Author
- Ara Taningco
- Language
- EN