Dow Theory Simplified
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Ledger" aria-label="Emoji: Ledger">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">The market moves in a trend & discount all the things in advance
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">Market has 3 trends
1. Primary Trend,
2. Secondary Trends
3. Minor Trends
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">There are 3 phases in each primary trend (Bull or Bear)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">Trends can be identified with HH-HL or LH-LL
1. Primary Trend,
2. Secondary Trends
3. Minor Trends
Dow Theory Simplified
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Ledger" aria-label="Emoji: Ledger">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle"> Primary Trend - Major trend in which market is moving have 3 phases
1. Accumulation
2. Mark Up
3. Distribution
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">Secondary Trends - These are corrections or pullbacks in primary trend
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">Minor Trend - Market fluctuations due to sudden news or noise
1. Accumulation
2. Mark Up
3. Distribution
Dow Theory Simplified
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Ledger" aria-label="Emoji: Ledger">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle"> Accumulation Phase - Here smart investors & traders accumulate the stocks before actual move occurs
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">Mark Up Phase - Broader market realizes the opportunity & get active in market
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">Distribution Phase - End of trend with increase in speculation(2018)
Dow Theory Simplified
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Ledger" aria-label="Emoji: Ledger">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">Identification of the trend - Trend can be identified when any security is making HH(higher high) - HL(Higher Low) or LH(Lower High) - LL (Lower Low)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π΅" title="Blue circle" aria-label="Emoji: Blue circle">Rise in volumes should also be noticed for better confirmation
End of Thread
RT if you learned it
https://abs.twimg.com/emoji/v2/... draggable="false" alt="π" title="Folded hands" aria-label="Emoji: Folded hands">
End of Thread
RT if you learned it