Dow Theory: A tool for technical analysts

[megri]

Dow Theory is a very basic theory, and is more than a 100 years old, but still remains the foundation of technical analysis. Basically, it suggests that one should never ***ume the reversal of the trend until and unless clear reversal signals are there and one should always trade in the direction of the primary trend. It is made of 6 basic principles which Nilesh Soman explains...