Uptrend - Study guides, Class notes & Summaries

What are the basic tenets of Dow Theory -ANSWER 1.) The averages discount everything 2.) The market has three trends 3.) Major trends have three phases 4.) The averages must confirme each other 5.) Volume must confirm trend 6.) A trend is in effect until it gives definitive signals that it has reversed Technical Analysis by Kirkpatrick -ANSWER The study of prices in freely traded markets with the intent of making profitable trading or investment decisions. -Kirkpatrick Basic Assumpt...

Cycles are GENERALLY measured a. High to low b. Low to low c. High to high d. Either b or c -ANSWER Answer: b. Low to low Reference: Dahlquist, Julie R., and Charles D. Kirkpatrick. Technical Analysis: The Complete Resource for Financial Market Technicians. Chapter 19. This cycle principle states as stocks go through similar cycles, the size and magnitude will differ. a. Commonality b. Variation c. Summation d. Proportionality -ANSWER Answer: b. Variation Reference: Dahlquist...

Cycles are GENERALLY measured a. High to low b. Low to low c. High to high d. Either b or c -ANSWER Answer: b. Low to low Reference: Dahlquist, Julie R., and Charles D. Kirkpatrick. Technical Analysis: The Complete Resource for Financial Market Technicians. Chapter 19. This cycle principle states as stocks go through similar cycles, the size and magnitude will differ. a. Commonality b. Variation c. Summation d. Proportionality -ANSWER Answer: b. Variation Reference: Dahlquist...

Best-Candlestick-Patterns-B Trading with candlestick patterns is a powerful technique for interpreting market sentiment and making informed trading decisions. Candlestick charts provide visual insight into the price action of an asset over a specific period, highlighting key patterns such as doji, hammer, and engulfing formations. These patterns reflect the balance of power between buyers and sellers, offering clues about potential reversals or continuations in the market. For instance, a bull...

US Dollar Index -ANSWER The US Dollar Index (USDX, DXY) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of US trade partners' currencies. It is a weighted geometric mean of the dollar's value relative to other select currencies: Euro (EUR), 57.6% weight Japanese yen (JPY) 13.6% weight Pound sterling (GBP), 11.9% weight Canadian dollar (CAD), 9.1% weight Swedish krona (SEK), 4.2% weight Swiss fran...

What are the basic tenets of Dow Theory - ANSWER 1.) The averages discount everything 2.) The market has three trends 3.) Major trends have three phases 4.) The averages must confirme each other 5.) Volume must confirm trend 6.) A trend is in effect until it gives definitive signals that it has reversed Technical Analysis by Kirkpatrick - ANSWER The study of prices in freely traded markets with the intent of making profitable trading or investment decisions. -Kirkpatrick Basic Assum...