Is a Dow Theory Non-Confirmation In Play?

The original Dow Theory states that the market is in an upward trend if either the industrial or transportation index advances above a previous important high and is accompanied or followed by a similar advance in the other average. For example, if the Dow Jones Industrial Average (DJIA) climbs to a new all-time high, and the Dow Jones Transportation Average (DJTA) follows suit within a reasonable period of time, the upward trend is confirmed.

The Quarterly Premium Plan Webinar

Stock Market

Quarterly Premium Plan Webinar 1-17-20. During this free webinar, we cover multiple topics such as:

The different levels of services offered at ElliottWavePlus.com (Crypto Plan, Basic Plan, Pro Plan, and our Premium Plan), How to navigate within our ElliottWavePlus.com website, Helping yourself to our Resources, Our Blog and how to use it, How to utilize our top-tier service – The Premium Plan.

Sid’s Current Algo Statistics and Results (November 2019 Edition)

By combining robust methods of technical analysis (Hurst cycle analysis, Elliott wave theory and its associated Fibonacci price targets, extreme sentiment positioning, algorithmic trade signals based on momentum, indicator divergences, etc.), our problem-solving power has increased, providing higher confidence trading opportunities.