 | |  | | DOW theory gives three signals for the end of a market. Dow wrote that:
a market moves up with higher highs and higher lows. At some point, it makes a high but, on the retracement, breaks the trendline. This is signal No. 1.
Then, market makes a high at or near the previous high but this high is below the trendline. This is signal No. 2.
Then, the market makes a new low that takes out the previous, intervening low. This is signal No. 3.
The new trend is established ---- and it's down. This gives you three more signals and a darn good reason to get out!
对照今天的欧元小时图,来加深理解。 一旦熟解了, 你在多数情况下, 就比较明了,买卖的时机和价位。
[ Last edited by sharkeater on 2003-8-7 at 02:26 PM ] |  |  |  |  |
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