According to the Dow Theory,secondary Trends Are _________________

question 25

Multiple Choice

According to the Dow Theory,secondary trends are _________________.

• A) points of trend reversals
• B) daily fluctuations which are of little importance
• C) short-term deviations from the underlying price trend line
• D) long-term price movements lasting from months to years

---

Definitions:

Behavioral Contrast

A phenomenon observed in behavioral psychology where a change in conditions leads to an opposite change in the individual's response rate, evident in both positive and negative reinforcements.

Higher-order Conditioning

A form of classical conditioning in which a stimulus is first made meaningful or significant through its association with another conditioned stimulus rather than with an unconditioned stimulus.

Sensitization

An increased reaction to a stimulus following repeated exposure to it, often leading to heightened sensitivity to related stimuli.

Habituation

The process by which an organism reduces its response to a repeated stimulus over time.