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The Dow Theory is one of the most popularly used principles ofcharting & Technical Analysis. It happens to be one of the oldest technicalevaluation tools as properly. Dow Theory days returned to as early as 1900 to1902 when Charles Dow laid the basic principles. The Theory named after him asDow Theory. It allows traders inside the inventory market to apprehend thehealth of the change circumstance. The father of Dow Theory, Mr. Charles Dowdied in 1902 however after his dying work of Dow Theory become continued withthe aid of William Hamilton.

The Dow Theory helps buyers to understand how the inventory market used to understand the enterprise environment’s fitness. It was the primary concept of technical analysis that explains the traits of marketplace movements.