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The Dow Theory

Question 44

Multiple Choice

The Dow theory:


A) proposes that the market is bullish only when the secondary trends are bearish.
B) advocates that the market rarely deviates from its primary trend for more than 2 weeks.
C) states that daily market movements are key to changes in the overall market trend.
D) supports the idea that primary trends are eliminated by corrections.
E) is primarily designed to identify changes in the primary market direction.

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