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Q. |
Which of the following is not a basic tenet of the Dow Theory? |
A. | No additional information is needed for the stock market outside of data on stock indexes. |
B. | The financial market has three distinct types of movements: the primary trend, the intermediate trend, and short-term trends. |
C. | There is usually a positive relationship between a trend and the volume of shares traded. |
D. | The intermediate trend has a duration of three weeks to six months. |
E. | A bear market is established when the Dow Jones Industrial Average is moving down |
Answer» E. A bear market is established when the Dow Jones Industrial Average is moving down |
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