August 30, 2017
Dow Theory
Dow Theory is an analysis that explores the relationship between the Dow Jones Industrial Average (DJI) and the Dow Jones Transportation (DJT).
When one of these averages climbs to a high, then the other is expected to follow within a reasonable amount of time.
True or true? See chart for more.
The Dow Theory is an approach on trading developed by Charles H. Dow. Charles Dow with Edward Jones and Charles Bergstresser founded Dow Jones & Company Inc. and developed the Dow Jones Industrial Average, ^DJI. The theory was published on the Wall Street Journal, in 1900. The journal was ended when Charles Dow death in 1902.
^DJI Dow Index and ^DJT Dow Transportation
Picture worth a thousand words, see chart for more. See the relationship between the two indexes.
August 28, 2017 Dow Jones Industrial Average and Dow Jones
^DJI Dow Index and MACD and ^DJT Dow Transportation
Picture worth a thousand words, see chart for more. See the relationship between the two indexes. Check the MACD indicator and signals too.
August 28, 2017 Dow Jones Industrial Average and MACD and Dow Jones Transportation
Thanks for visit the site here. You could also find free MACD scan here in this site too.
Moses
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.