411 REFERENCE · Wiktionary
Dow theory
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
English
Etymology
The theory was derived from Charles H. Dow's editorials in The Wall Street Journal.
Proper noun
1
en finance A theory of stock price movement, according to which the market has three types of movement, market trends have three phases, prices reflect information published in the news, market averages must confirm each other, trends are confirmed by volume, and trends exist until definitive signals prove that they have ended.
en eponyms