According to Dow Theory, a Major Market

question 50

Multiple Choice

According to Dow Theory, a major market

• A) advance has few price fluctuations indicate a new upward trend.
• B) advance does not go straight up, because some investors will take profits.
• C) decline is easier to predict than an advance.
• D) decline typically has a higher level of volume than a major market advance.
• E) advance goes straight up because most investors ride momentum.

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