Teoria De Dow Pdf Portable

(Note: The reverse phases apply to a Bear Market: Distribution -> Public Panic -> Despair/Liquidation).

: The final stage where informed investors begin to exit their positions as the public continues to buy. Indices Must Confirm Each Other : A trend is not fully confirmed until both the Dow Jones Industrial Average Dow Jones Transportation Average move in the same direction and reach new highs or lows. Volume Must Confirm the Trend teoria de dow pdf portable