Which of the following is not a basic principle of the Dow Theory ?

CS Executive · Financial and Strategic Management · PYQS · June 2021
Which of the following is not a basic principle of the Dow Theory ?
(A) A bear market is established when the Dow Jones Industrial Average is moving down
(B) There is usually a positive relationship between a trend and the volume of shares traded
(C) The financial market has three distinct types of movements: the primary trend, the intemediate trend, and short-term trends
(D) The intermediate trend has duration of three weeks to six months

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Management

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