Under the Dow Theory, all of the following represent trends in the market except:
A)daily fluctuations.
B)secondary movement.
C)primary trends.
D)linear trends.

Question

Quizplus · Accepted Answer

The Dow Theory maintains that there are three major movements in the market: daily fluctuations, secondary movements, and primary trends. According to the theory, daily fluctuations and secondary movements (covering two weeks to a month) are only important to the extent that they reflect on the long-term primary trend in the market. Primary trends may be characterized as either bullish or bearish in nature.

Under the Dow Theory, All of the Following Represent Trends