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What is Dow Theory: Foundations of Market Trends about?

1) Charles Dow and Edward Jones started Dow Jones & Company in 1882 and Charles Dow proposed the original "Dow Theory" through editorials in the Wall Street Journal. 2) The Dow Theory outlines six main points including that market trends occur in primary, secondary, and minor phases; market averages must confirm each other; and volume confirms the trend. 3) The Dow Theory formed the foundation of technical analysis still used today, with concepts like identifying bull and bear markets or accumulation, pu

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dyadav00

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EN