Which one of the following statements on the Dow Theory is correct?
A) The Elliot wave theory is the only recent variation of the Dow Theory.
B) The theory of Kondratieff waves is the only recent variation of the Dow Theory.
C) Both the Elliot wave theory and the theory of Kondratieff waves are recent variations of the Dow Theory.
D) Neither the Elliot wave theory nor the theory of Kondratieff waves are recent variations of the Dow Theory.

Question

Quizplus · Accepted Answer

The Dow Theory is a technical analysis approach that examines the movement of the stock market as a whole, rather than individual stocks. Elliott wave theory and Kondratieff waves are variations of Dow Theory that suggest there are repeating patterns in market movements over time. Therefore, both options A and B are incorrect as they suggest only one of these theories is a variation of Dow Theory. Option D is also incorrect as both of these theories are often studied by technical analysts as part of the broader Dow Theory framework.

Which One of the Following Statements on the Dow Theory