Which One of the Following Indicates the Long-Run Direction of the Market

question 59

Multiple Choice

Which one of the following indicates the long-run direction of the market according to Dow Theory?

• A)daily fluctuations
• B)secondary reaction
• C)monthly changes
• D)primary trend
• E)tertiary trend

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Definitions:

Maturity Date

The specified date on which the final payment of a loan, bond, or other financial instrument is due to be paid.

Issue Date

The date on which a financial instrument or document, such as a bond or a check, is issued and becomes effective.

National Credit Cards

Credit cards that are accepted within a specific country, which might not be valid for international transactions.

Credit Card Companies

Businesses that issue credit cards and facilitate credit transactions between consumers and merchants.