Dow Theory : Visiting the phases of bear market

Time to visit the Dow Theory again. Note: I am summarizing it from the Technical Analysis book by Edwards and Magee. —————– 3 Phases The Bear Market 1. Distribution Phase – Starts from the later stage of the preceding Bull Market – Farsighted investors sense the fact that business earnings have reached an abnormal height… Continue reading Dow Theory : Visiting the phases of bear market