In Order to Have Confirmation of a Major Market Trend

question 30

Multiple Choice

In order to have confirmation of a major market trend under the Dow Theory, the:

• A) industrial and utility averages must confirm each other.
• B) transportation and utility averages must confirm each other.
• C) utility average must lead the transportation average.
• D) transportation and industrial average must confirm each other.

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Definitions:

Carter Doctrine

A policy proclaimed by President Jimmy Carter in 1980, declaring that the United States would use military force if necessary to defend its national interests in the Persian Gulf region.

Soviet Aggression

Refers to the actions taken by the Soviet Union to expand its influence and control over other nations, particularly during the Cold War era.

Persian Gulf

A shallow arm of the Arabian Sea between Iran and the Arabian Peninsula, known for its strategic location and vast oil resources.

Hispanic Americans

Americans of Spanish, Hispanic, or Latino ancestry, encompassing a diverse range of cultures, countries of origin, and backgrounds.