How We Predicted the Dow Jones Industrial Average Would Fall

By Bryan Bottarelli On July 2, I posted a Trade of the Day titled “Can You Trust the Market’s Recent Run?”
The point of this article was simple…
According to the earliest known form of modern technical analysis, the major market averages were not confirming an upside trend!
As a refresher, I wrote…
Dow Theory was developed by Charles Dow, who, with Edward Jones, founded Dow Jones & Company and developed the Dow Jones Industrial Average. The two published their market theories in a series of editorials in The Wall Street Journal, which was co-founded by Dow. Dow Theory says that the market is in an upward …read more

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