The best chapter is on why volume must confirm the trend – it filters out 90% of false breakouts.
Does anyone have a recommendation for a modern explanatory PDF (English or Spanish)? I’m trying to nail down the difference between a "secondary reaction" and a true trend reversal. teoria de dow pdf
Primary trend is your friend. Don't fight the tape. The best chapter is on why volume must
Most traders chase complex algos and lagging indicators, but the foundation of technical analysis is remarkably simple. teoria de dow pdf
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Wild how something written in 1900 (The Wall Street Journal editorials) still explains market trends better than most 2024 indicators.