Hi I'm looking for a good book or some material which can give me a solid understanding of Dow Theory.. I've just realized the value of it. I specifically want to also understand the use of moving averages in determining market direction such as the 200 day, 50 day etc.. I would hope to find some book or written material which incorporates ass of these facts. Thanks
I suggest Dow Theory for the 21st Century: Technical Indicators for Improving Your Investment Results by Jack Schannep as a good starting point. I'm not so sure about that, but there are surely a lot of trading and investing books around these days which incorporate ass.
%% Actually DOW theory does not really require a 50/200dma @ all. But all that is helpful. IBD newspaper[investors.com+ his IBD books] has good readable 50/200dma info.........