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Technical analysis the concept of Dow Theory?

Technical analysis the concept of Dow Theory?

Postby melvon91 » Wed Jul 04, 2012 11:50 am

Confirmation in the Dow Theory comes when both the industrial and railroad averages reach
new highs or new lows together on a daily closing basis.

My question is that what two indexes should i be looking at when it comes to TSX? should I be looking at TSX vs TSX Venture?
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Technical analysis the concept of Dow Theory?

Postby devonn » Wed Jul 04, 2012 12:01 pm

The Dow Theory was developed for the DJIA. There is no corollary.
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