A theory which states the market is in an upward trend if one of its averages (industrial or transportation) advances above a previous important high, it is accompanied or followed by a similar advance in the other.
The theory states that when both averages dip below previous important lows, it is regarded as an indicator of a downward trend. Read more.
Wednesday, November 21, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment