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  • Technical Analysis: Dow Theory

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    Siwat Thongsuk
    66 views11 pages
    The document discusses technical analysis techniques for analyzing financial markets including Dow Theory and chart types. It states that Dow Theory holds that market averages discount all information so fundamental analysis is not needed. There are three types of market trends - bullish, bearish, and sideways - each having three phases of accumulation, public participation, and distribution. Technical indicators like volume and moving averages must confirm the trend. Various chart types are listed for constructing charts like bar charts, candlesticks, line charts, and point-and-figure charts. Pattern recognition techniques can identify continuation and reversal patterns.

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    01 Technical Analysis-1

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    01 Technical Analysis-1

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    The document discusses technical analysis techniques for analyzing financial markets including Dow Theory and chart types. It states that Dow Theory holds that market averages discount all information so fundamental analysis is not needed. There are three types of market trends - bullish, bearish, and sideways - each having three phases of accumulation, public participation, and distribution. Technical indicators like volume and moving averages must confirm the trend. Various chart types are listed for constructing charts like bar charts, candlesticks, line charts, and point-and-figure charts. Pattern recognition techniques can identify continuation and reversal patterns.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    66 views11 pages

    Technical Analysis: Dow Theory

    Uploaded by

    Siwat Thongsuk
    The document discusses technical analysis techniques for analyzing financial markets including Dow Theory and chart types. It states that Dow Theory holds that market averages discount all information so fundamental analysis is not needed. There are three types of market trends - bullish, bearish, and sideways - each having three phases of accumulation, public participation, and distribution. Technical indicators like volume and moving averages must confirm the trend. Various chart types are listed for constructing charts like bar charts, candlesticks, line charts, and point-and-figure charts. Pattern recognition techniques can identify continuation and reversal patterns.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    of 11

    Technical Analysis

    Dow Theory
    The Averages discount everything
    There is no need for fundamental analysis or inside information

    The Market has 3 trends


    Bullish Bearish Sideway

    The Trends have 3 phases Birth of Elliott & Fibonacci


    Accumulation Public participation Distribution

    The Averages must confirm each other Volume must confirm the trend The Trend is in effect until it ends
    Continuation pattern Reversal pattern Pattern recognition technique

    Chart Construction
    Bar chart (Hi-Lo-Close) Candlesticks Candlevolume Equivolume Line chart Kagi Point and Figure Renko Three line break

    Technical Analysis
    Dow Theory
    The Averages discount everything
    There is no need for fundamental analysis or inside information

    The Market has 3 trends


    Bullish Bearish Sideway

    The Trends have 3 phases Birth of Elliott & Fibonacci


    Accumulation Public participation Distribution

    The Averages must confirm each other Volume must confirm the trend The Trend is in effect until it ends
    Continuation pattern Reversal pattern Pattern recognition technique

    Chart Construction
    Bar chart (Hi-Lo-Close) Candlesticks Candlevolume Equivolume Line chart Kagi Point and Figure Renko Three line break

    Technical Analysis
    Dow Theory
    The Averages discount everything
    There is no need for fundamental analysis or inside information

    The Market has 3 trends


    Bullish Bearish Sideway

    The Trends have 3 phases Birth of Elliott & Fibonacci


    Accumulation Public participation Distribution

    The Averages must confirm each other Volume must confirm the trend The Trend is in effect until it ends
    Continuation pattern Reversal pattern Pattern recognition technique

    Chart Construction
    Bar chart (Hi-Lo-Close) Candlesticks Candlevolume Equivolume Line chart Kagi Point and Figure Renko Three line break

    Technical Analysis
    Dow Theory
    The Averages discount everything
    There is no need for fundamental analysis or inside information

    The Market has 3 trends


    Bullish Bearish Sideway

    The Trends have 3 phases Birth of Elliott & Fibonacci


    Accumulation Public participation Distribution

    The Averages must confirm each other Volume must confirm the trend The Trend is in effect until it ends
    Continuation pattern Reversal pattern Pattern recognition technique

    Head and Shoulder

    Chart Construction
    Bar chart (Hi-Lo-Close) Candlesticks Candlevolume Equivolume Line chart Kagi Point and Figure Renko Three line break

    Technical Analysis
    Dow Theory
    The Averages discount everything
    There is no need for fundamental analysis or inside information

    The Market has 3 trends


    Bullish Bearish Sideway

    The Trends have 3 phases Birth of Elliott & Fibonacci


    Accumulation Public participation Distribution

    The Averages must confirm each other Volume must confirm the trend The Trend is in effect until it ends
    Continuation pattern Reversal pattern Pattern recognition technique

    Chart Construction
    Bar chart (Hi-Lo-Close) Candlesticks Candlevolume Equivolume Line chart Kagi Point and Figure Renko Three line break

    Technical Analysis
    Dow Theory
    The Averages discount everything
    There is no need for fundamental analysis or inside information

    The Market has 3 trends


    Bullish Bearish Sideway 3 Line Break Chart

    The Trends have 3 phases Birth of Elliott & Fibonacci


    Accumulation Public participation Distribution

    The Averages must confirm each other Volume must confirm the trend The Trend is in effect until it ends
    Continuation pattern Reversal pattern Pattern recognition technique

    Chart Construction
    Bar chart (Hi-Lo-Close) Candlesticks Candlevolume Equivolume Line chart Kagi Point and Figure Renko Three line break Candle Volume Chart

    Line Chart

    Candlesticks Chart

    Average True Range Study Range Price movement Momentum Parameters Indicators

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