Dow Theory

Dow Theory

Dow theory defines the rhythm of the market, he who has the eye to see it, and the mind to understand can also learn to play it successfully.   Charles Dow(1851-1902) [more]

Principle of Polarity

Principle of Polarity

PRINCIPLE OF POLARITY The Principle of Polarity states that once a Resistance (Support) level is breached, it changes its nature and becomes Support (Resistance) the next time it is approached. [more]