The following "Official"
Detailed Record of The Dow Theory was compiled from articles in Barron's, early
editions of Technical Analysis of Stock Trends, and elsewhere as indicated by the
"Note" opposite each Signal, and explained in detail at the end of the
compilation. The type of Signal is indicated by (B-1), (S-2), etc, shown under the actual
Signal. The newest edition of Technical Analysis of Stock Trends uses this
record:
Dow Theory |
Note |
Date |
Industrial Average |
% Change |
Status |
Date |
Transport Average |
% Change |
BUY |
TA |
7/12/1897 |
44.61 |
|
|
|
|
|
SELL |
TA |
12/16/99 |
63.84 |
|
|
|
|
|
|
|
9/24/1900 |
52.96 |
|
Bear Market Low |
|
|
|
BUY |
TA |
10/20/00 |
59.44 |
|
|
|
|
|
|
|
6/17/01 |
78.26 |
|
Bull Market High |
|
|
|
SELL |
TA |
6/1/03 |
59.59 |
|
|
|
|
|
|
|
11/9/03 |
42.15 |
|
Bear Market Low |
|
|
|
BUY |
TA |
7/12/04 |
51.37 |
|
|
|
|
|
|
|
1/19/06 |
103.00 |
|
Bull Market High |
|
|
|
SELL |
TA |
4/26/06 |
92.44 |
|
|
|
|
|
|
|
11/15/07 |
53.00 |
|
Bear Market Low |
|
|
|
BUY |
TA |
4/24/08 |
70.01 |
|
|
|
|
|
|
|
11/19/09 |
100.53 |
|
Bull Market High |
|
|
|
SELL |
TA |
5/3/10 |
84.72 |
|
|
|
|
|
BUY |
TA |
10/10/10 |
81.91 |
|
|
|
|
|
|
|
9/25/11 |
72.94 |
|
Bear Market Low |
|
|
|
|
|
9/30/12 |
94.15 |
|
Bull Market High |
|
|
|
SELL |
TA |
1/14/13 |
84.96 |
|
|
|
|
|
|
|
12/24/14 |
53.17* |
|
Bear Market Low |
*changed |
basis was |
71.00 |
BUY |
TA |
4/9/15 |
65.02 |
|
|
|
|
|
|
|
11/21/16 |
110.15 |
|
Bull Market High |
|
|
|
SELL |
TA |
8/28/17 |
86.12 |
|
|
|
|
|
|
|
12/19/17 |
65.95 |
|
Bear Market Low |
|
|
|
BUY |
TA |
5/13/18 |
82.16 |
|
|
|
|
|
|
|
11/03/19 |
119.62 |
|
Bull Market High |
5/26 |
91.13 |
|
|
|
12/22 |
103.55 |
13.4% |
Pullback |
12/12 |
73.63 |
19.2% |
|
|
01/03/20 |
109.88 |
6.1% |
Bounce |
1/3 |
76.48 |
3.9% |
|
|
1/14 |
102.00 |
|
Breakdown |
2/3 |
73.56 |
|
SELL |
TA&B |
02/03/20 |
99.96 |
|
|
|
73.56 |
|
(S-1) |
|
08/24/21 |
63.90 |
|
Bear Market Low |
|
65.52 |
|
|
|
12/15 |
81.50 |
27.5% |
Bounce |
11/29 |
76.66 |
17.0% |
|
|
01/10/22 |
78.59 |
3.6% |
Pullback |
12/23 |
73.30 |
4.4% |
|
|
1/17 |
81.90 |
|
Breakup |
2/6 |
76.70 |
|
BUY |
TA&B |
02/06/22 |
83.70 |
|
|
|
76.70 |
|
(B-1) |
|
10/14 |
103.43 |
|
Mkt highs |
9/11 |
93.99 |
|
|
|
11/27 |
92.03 |
11.0% |
Pullback |
11/27 |
82.17 |
12.6% |
|
|
03/20/23 |
105.38 |
14.5% |
Bull High/Bounce |
3/3 |
90.63 |
10.3% |
|
|
5/21 |
92.77 |
12.0% |
Pullback |
5/7 |
80.37 |
|
|
|
5/29 |
97.66 |
5.3% |
Bounce |
|
|
|
SELL |
TA&B |
06/20/23 |
90.81 |
|
Breakdown |
|
80.60 |
|
(S-2) |
|
7/31 |
86.91 |
|
Mkt lows |
8/4 |
76.78 |
|
|
|
8/29 |
93.70 |
7.8% |
Bounce |
10/6 |
80.81 |
5.2% |
|
|
10/27/23 |
85.76 |
8.5% |
Bear Low/Pullback |
10/26 |
77.65 |
3.9% |
BUY |
TA&B |
12/07/23 |
93.80 |
|
Breakup |
11/13 |
81.20 |
|
(B-2) |
|
09/03/29 |
381.17 |
|
Bull Market High |
9/3 |
189.11 |
|
|
|
10/4 |
325.17 |
14.7% |
Pullback |
10/4 |
168.26 |
11.0% |
|
|
10/10 |
352.86 |
8.5% |
Bounce |
10/11 |
178.53 |
6.1% |
|
|
10/19 |
323.87 |
|
Breakdown |
10/23 |
167.28 |
|
SELL |
TA&B |
10/23/29 |
305.85 |
|
|
|
|
|
(S-1) |
|
07/08/32 |
41.22 |
|
Bear Market Low |
7/8 |
13.23 |
|
|
|
9/7 |
79.93 |
93.9% |
Bounce |
9/3 |
39.27 |
196% |
|
|
2/27 |
50.16 |
37.2% |
Pullback |
2/25 |
23.43 |
40.3% |
BUY |
TA&B |
05/24/33 |
84.29 |
|
Breakup |
5/24 |
40.28 |
|
(B-1) |
|
03/10/37 |
194.40 |
|
Bull Market High |
3/17 |
64.46 |
|
|
|
6/14 |
165.51 |
14.9% |
Pullback |
6/28 |
50.17 |
22.2% |
|
|
8/14 |
190.02 |
14.8% |
Bounce |
7/24 |
55.05 |
9.7% |
SELL |
TA&B |
09/07/37 |
164.39 |
|
Breakdown |
8/27 |
49.40 |
|
(S-1) |
|
03/31/38 |
98.95 |
|
Bear Market Low |
3/31 |
19.00 |
|
|
|
4/16 |
121.00 |
22.3% |
Bounce |
5/9 |
23.50 |
23.7% |
|
|
5/31 |
107.74 |
11.0% |
Pullback |
6/17 |
19.68 |
16.3% |
|
|
6/21 |
121.34 |
|
Breakup |
6/23 |
24.60 |
|
BUY |
TA&B |
06/23/38 |
127.40 |
|
|
|
|
|
(B-1) |
|
11/12/38 |
158.41 |
|
Bull Market High |
1/4/39 |
34.33 |
|
|
|
01/26/39 |
136.42 |
13.9% |
Pullback |
1/26 |
27.93 |
18.6% |
|
|
3/10 |
152.28 |
11.6% |
Bounce |
3/8 |
33.66 |
20.5% |
SELL |
TA&B |
03/31/39 |
131.84 |
|
Breakdown |
3/31 |
26.38 |
|
(S-1) |
|
4/8 |
121.44 |
|
Mkt lows |
4/8 |
24.14 |
|
|
|
6/10 |
140.14 |
15.4% |
Bounce |
5/31 |
28.45 |
17.9% |
|
|
6/29 |
130.05 |
7.2% |
Pullback |
6/30 |
25.85 |
9.1% |
BUY |
TA&B |
07/17/39 |
142.58 |
|
Breakup |
7/17 |
29.14 |
|
(B-1) |
|
9/12 |
155.92 |
|
Mkt highs |
9/27 |
35.90 |
|
|
|
1/15/40 |
144.65 |
7.2% |
Pullback |
3/16 |
29.78 |
17.0% |
|
|
4/8 |
151.29 |
4.6% |
Bounce |
4/6 |
32.08 |
7.7% |
SELL |
TA&B |
05/13/40 |
137.63 |
|
Breakdown |
5/13 |
27.83 |
|
(S-1) |
|
04/28/42 |
92.92 |
|
Bear Market Low |
5/21/40 |
22.14 |
|
|
|
11/9 |
117.30 |
26.2% |
Bounce |
11/2 |
29.28 |
32.2% |
|
|
11/24 |
114.10 |
2.7% |
Pullback |
12/14 |
26.03 |
11.1% |
|
|
12/17 |
118.68 |
|
Breakup |
2/1 |
29.55 |
|
BUY |
TA |
2/1/43 |
125.86 |
|
|
|
|
|
(B-2) |
|
05/29/46 |
212.50 |
|
Bull Market High |
6/13 |
69.31 |
|
|
|
7/22 |
195.22 |
8.1% |
Pullback |
7/23 |
60.41 |
12.8% |
|
|
8/13 |
204.52 |
4.8% |
Bounce |
8/2 |
63.63 |
5.3% |
SELL |
TA&B |
08/27/46 |
191.04 |
|
Breakdown |
8/27 |
58.04 |
|
(S-1) |
|
5/17 |
163.21 |
|
Mkt lows |
5/19 |
41.16 |
|
|
|
7/24 |
186.85 |
14.5% |
Bounce |
1/2 |
53.85 |
30.8% |
|
|
03/16/48 |
165.39 |
11.5% |
Pullback |
2/10 |
48.13 |
10.6% |
BUY |
B |
05/14/48 |
188.60 |
|
Breakup |
4/3 |
53.93 |
|
(B-1) |
|
6/15 |
193.16 |
|
Mkt highs |
7/14 |
64.95 |
|
|
|
9/27 |
175.99 |
8.9% |
Pullback |
9/27 |
57.45 |
11.5% |
|
|
10/23 |
190.19 |
8.1% |
Bounce |
10/23 |
62.24 |
8.3% |
SELL |
B |
11/09/48 |
173.94 |
|
Breakdown |
11/5 |
56.22 |
|
(S-1) |
|
06/13/49 |
161.60 |
|
Bear Market Low |
6/13 |
41.03 |
|
|
|
06/12/50 |
228.38 |
41.3% |
Bounce |
5/20 |
56.96 |
38.8% |
|
|
7/13 |
197.46 |
13.5% |
Pullback |
6/29 |
51.24 |
10.0% |
BUY |
TA&B |
10/02/50 |
228.94 |
|
Breakup |
7/19 |
57.10 |
|
(B-1) |
|
01/05/53 |
293.79 |
|
Mkt highs |
12/22/52 |
112.53 |
|
|
|
2/18 |
281.14 |
4.3% |
Pullback |
2/10 |
106.90 |
5.0% |
|
|
3/17 |
290.64 |
3.4% |
Bounce |
3/17 |
112.03 |
4.8% |
|
|
03/31 |
279.87 |
|
Breakdown |
4/2 |
106.11 |
|
SELL |
TA |
4/2/53 |
280.03 |
|
|
|
|
|
(S-1) |
|
9/14 |
255.49 |
|
Mkt lows |
9/14 |
90.56 |
|
|
|
12/18 |
283.54 |
11.0% |
Bounce |
12/1 |
98.91 |
9.2% |
|
|
12/29 |
278.30 |
1.8% |
Pullback |
12/29 |
93.58 |
5.4% |
|
|
1/6/54 |
283.96 |
|
Breakup |
01/19/54 |
99.43 |
|
BUY |
TA&S |
1/19/54 |
288.27 |
|
|
|
|
|
(B-5) |
|
04/06/56 |
521.05 |
|
Bull Market High |
5/9 |
181.23 |
|
|
|
05/28/56 |
468.81 |
10.0% |
Pullback |
5/28 |
161.60 |
10.8% |
|
|
8/2 |
520.95 |
11.1% |
Bounce |
7/25 |
171.37 |
6.0% |
SELL |
TA&S |
10/01/56 |
468.70 |
|
Breakdown |
8/22 |
161.28 |
|
(S-1) |
|
10/22/57 |
419.79 |
|
Bear Market Low |
12/24 |
95.67 |
|
|
|
02/04/58 |
458.65 |
9.3% |
Bounce |
2/4 |
111.16 |
16.2% |
|
|
2/25 |
436.89 |
4.7% |
Pullback |
4/7 |
100.67 |
9.4% |
BUY |
B&S |
05/02/58 |
459.56 |
|
Breakup |
4/21 |
111.60 |
|
(B-1) |
|
08/03/59 |
678.10 |
|
Mkt highs |
7/7 |
173.56 |
|
|
|
9/22 |
616.45 |
9.1% |
Pullback |
11/17 |
146.65 |
15.5% |
|
|
01/05/60 |
685.47 |
11.2% |
New high/Bounce |
1/5 |
160.43 |
9.4% |
|
|
2/16 |
611.33 |
|
Breakdown |
3/3 |
142.98 |
|
SELL |
B&S |
03/03/60 |
612.05 |
|
|
|
|
|
(S-2) |
|
10/25 |
566.05 |
|
Mkt lows |
9/29 |
123.37 |
|
|
|
04/17/61 |
696.72 |
23.1% |
Bounce |
3/22 |
150.81 |
22.2% |
|
|
4/24 |
672.66 |
3.5% |
Pullback |
4/25 |
140.04 |
7.1% |
|
|
5/19 |
705.96 |
|
Bounce/lower |
5/17 |
148.02 |
|
|
|
7/18 |
679.30 |
|
Pullback/lower |
7/19 |
133.49 |
|
|
|
7/27 |
702.80 |
|
|
|
|
|
BUY |
B&S |
10/10/61 |
706.67 |
|
Breakup |
10/10 |
150.91 |
|
(B-3) |
|
12/13/61 |
734.91 |
|
Bull Market High |
10/11 |
152.92 |
|
|
|
01/29/62 |
689.92 |
6.1% |
Pullback |
12/20 |
140.66 |
8.0% |
|
|
3/15 |
723.54 |
4.9% |
Bounce |
2/2 |
149.83 |
6.5% |
|
|
4/12 |
685.67 |
|
Breakdown |
4/26 |
140.28 |
|
SELL |
B&S |
04/26/62 |
678.68 |
|
|
|
|
|
(S-1) |
|
06/26/62 |
535.76 |
|
Bear Market Low |
6/25 |
115.89 |
|
|
|
8/23 |
616.00 |
15.0% |
Bounce |
7/17 |
125.49 |
8.3% |
|
|
10/23 |
558.06 |
9.4% |
Pullback |
10/1 |
114.86 |
8.5% |
BUY |
B&S |
11/09/62 |
616.13* |
|
Breakup |
11/9 |
126.05 |
|
|
(B-1) |
|
|
*becomes 596.90 buying 1/4
during 6/22 capitulation at 539.19 |
|
|
02/09/66 |
995.15 |
|
Bull Market High |
2/15 |
271.72 |
|
|
|
3/15 |
911.08 |
8.4% |
Pullback |
3/15 |
243.60 |
10.3% |
|
|
4/21 |
954.73 |
4.8% |
Bounce |
4/20 |
265.97 |
9.2% |
SELL |
B&S |
05/05/66 |
899.77 |
|
Breakdown |
5/5 |
240.96 |
|
(S-1) |
|
10/07/66 |
744.32 |
|
Bear Market Low |
10/7 |
184.34 |
|
|
|
11/16 |
820.87 |
10.3% |
Bounce |
11/16 |
208.79 |
13.3% |
|
|
12/2 |
789.47 |
3.8% |
Pullback |
11/22 |
199.54 |
4.4% |
|
|
12/12 |
820.54 |
|
Lower/Bounce |
12/22 |
209.07 |
|
|
|
12/30 |
785.69 |
|
Lower/Pullback |
12/30 |
202.97 |
|
BUY |
S,3&4 |
01/11/67 |
822.49 |
|
Breakup |
1/6 |
209.19 |
|
(B-3) |
|
8/9 |
926.72 |
|
Mkt highs |
8/4 |
274.49 |
|
|
|
8/30 |
893.72 |
3.6% |
Pullback |
8/22 |
256.06 |
6.7% |
|
|
9/25 |
943.08 |
5.5% |
New high/Bounce |
9/18 |
265.11 |
3.5% |
SELL |
S,3&4 |
10/24/67 |
888.18 |
|
Breakdown |
10/10 |
254.59 |
|
(S-2) |
|
3/21 |
825.13 |
|
Mkt lows |
3/5 |
214.58 |
|
|
|
7/15 |
923.72 |
11.9% |
Bounce |
7/8 |
269.61 |
25.6% |
|
|
8/9 |
869.65 |
5.9% |
Pullback |
8/9 |
245.76 |
8.8% |
|
|
9/9 |
924.98 |
|
Breakup |
10/1 |
270.24 |
|
BUY |
S |
10/01/68 |
942.32 |
|
|
|
|
|
(B-1) |
|
12/03/68 |
985.21 |
|
Bull Market High |
12/1 |
279.48 |
|
|
|
01/08/69 |
921.25 |
6.5% |
Pullback |
1/13 |
260.04 |
7.0% |
|
|
2/13 |
952.70 |
3.4% |
Bounce/new high |
2/7 |
279.88 |
7.6% |
|
|
2/20 |
916.65 |
|
Breakdown |
2/25 |
257.07 |
|
SELL |
S,3&4 |
02/25/69 |
899.80 |
|
|
|
|
|
(S-2) |
|
7/29 |
801.96 |
|
Mkt lows |
7/30 |
193.19 |
|
|
|
9/2 |
837.78 |
4.5% |
Bounce |
8/22 |
202.02 |
4.6% |
|
|
9/8 |
811.84 |
3.1% |
Pullback |
10/9 |
194.72 |
3.6% |
|
|
10/16 |
838.77 |
|
Breakup |
10/27 |
202.37 |
|
BUY |
S,3&4 |
10/27/69 |
860.28 |
|
|
|
|
|
(B-1) |
|
11/10 |
863.05 |
|
Mkt highs |
10/28 |
202.45 |
|
|
|
12/17 |
769.93 |
10.8% |
Pullback |
12/16 |
169.43 |
16.3% |
|
|
01/05/70 |
811.31 |
5.4% |
Bounce |
1/5 |
183.31 |
8.2% |
SELL |
S,3&4 |
01/26/70 |
768.88 |
|
Breakdown |
1/26 |
168.98 |
|
(S-1) |
|
05/26/70 |
631.16 |
|
Bear Market Low |
5/26 |
131.53 |
|
|
|
6/19 |
720.43 |
14.1% |
Bounce |
6/3 |
146.98 |
11.7% |
|
|
7/7 |
669.36 |
7.1% |
Pullback/new low |
7/7 |
116.69 |
20.6% |
|
|
7/16 |
723.44 |
|
Breakup |
9/28 |
148.21 |
|
BUY |
S,3&4 |
09/28/70 |
758.97* |
|
|
|
|
|
|
(B-2) |
|
|
*becomes 729.57 buying 1/4
during 5/25 capitulation at 641.36 |
|
|
04/28/71 |
950.82 |
|
Mkt highs |
4/28 |
232.79 |
|
|
|
6/28 |
873.10 |
8.2% |
Pullback |
6/28 |
208.89 |
10.3% |
|
|
7/12 |
903.40 |
3.5% |
Bounce |
7/12 |
220.21 |
5.4% |
SELL |
S |
07/28/71 |
872.01 |
|
Breakdown |
7/28 |
208.06 |
|
(S-1) |
|
8/10 |
839.59 |
|
Mkt lows |
8/4 |
203.61 |
|
|
|
9/8 |
920.93 |
9.7% |
Bounce |
9/7 |
248.33 |
22.0% |
|
|
11/23 |
797.97 |
13.4% |
New low/Pullbck |
11/23 |
208.43 |
16.1% |
BUY |
S |
02/10/72 |
921.28 |
|
Breakup |
1/12 |
249.08 |
|
(B-2) |
|
01/11/73 |
1051.7 |
|
Bull Market High |
12/11/72 |
240.41 |
|
|
|
2/27 |
947.72 |
9.9% |
Pullback |
3/5 |
191.58 |
20.3% |
|
|
3/7 |
979.98 |
3.4% |
Bounce |
3/7 |
198.35 |
3.5% |
SELL |
S |
03/23/73 |
922.71 |
|
Breakdown |
3/23 |
189.22 |
|
(S-1) |
|
10/04/74 |
584.56 |
|
Mkt lows |
10/3 |
125.93 |
|
|
|
10/14 |
673.50 |
15.2% |
Bounce |
10/22 |
152.74 |
21.3% |
|
|
10/28 |
633.84 |
5.9% |
Pullback |
10/28 |
145.78 |
4.6% |
BUY |
S |
11/05/74 |
674.75* |
|
Breakup |
11/1 |
153.55 |
|
(B-1) |
|
|
*becomes 661.04 buying 1/4
during 8/23 capitulation at 686.80 and 1/4 during the second
capitulation on 9/30 at 607.87 |
| |
|
12/06/74 |
577.60 |
|
Bear Low/Pullback |
12/16 |
138.31 |
|
|
|
09/21/76 |
1014.79 |
|
Bull Market High |
7/14 |
231.27 |
|
|
|
10/12 |
932.35 |
8.1% |
Pullback |
10/12 |
203.85 |
11.9% |
|
|
12/31 |
1004.65 |
7.8% |
Bounce/new high |
01/03/77 |
237.52 |
16.5% |
|
|
05/31/77 |
898.66 |
|
New low/Pullbck |
2/25 |
221.81 |
|
|
|
6/24 |
929.70 |
|
Bounce/new high |
5/18 |
246.64 |
|
|
|
7/27 |
888.43 |
|
Breakdown |
8/9 |
220.88 |
|
SELL |
S&4 |
10/24/77 |
802.32 |
|
Break 1st Pullbck |
10/24 |
201.74 |
|
(S-3) |
|
02/28/78 |
742.72 |
|
Bear Market Low |
3/9 |
199.31 |
|
|
|
5/17 |
858.37 |
15.6% |
Bounce |
5/22 |
231.30 |
16.1% |
|
|
5/26 |
831.69 |
3.1% |
Pullback |
5/26 |
223.70 |
3.3% |
|
|
6/5 |
863.83 |
|
Breakup |
6/6 |
231.35 |
|
BUY |
S&4 |
06/06/78 |
866.51 |
|
|
|
|
|
(B-1) |
|
09/11/78 |
907.74 |
|
Bull Market High |
9/8 |
261.49 |
|
|
|
9/20 |
857.16 |
5.6% |
Pullback |
9/22 |
241.58 |
7.6% |
|
|
10/11 |
901.42 |
5.2% |
Bounce |
10/12 |
250.15 |
3.5% |
| SELL |
S |
10/19/78 |
846.41 |
|
Breakdown |
10/17 |
237.44 |
|
| (S-1) |
|
3/27/80 |
759.98 |
|
Mkt lows |
3/27 |
233.69 |
|
|
|
4/11 |
791.55 |
4.2% |
Bounce |
4/10 |
253.46 |
8.5% |
|
|
04/21/80 |
759.13 |
4.1% |
Bear Low/Pullbk |
4/21 |
235.20 |
7.2% |
|
|
4/24 |
797.10 |
|
Breakup |
5/13 |
253.83 |
|
BUY |
S |
5/13/80 |
816.89 |
|
|
|
|
|
(B-1) |
|
04/27/81 |
1024.05 |
|
Bull Market High |
4/16 |
447.38 |
|
|
|
5/11 |
963.44 |
5.9% |
Pullback |
5/11 |
410.28 |
8.3% |
|
|
6/15 |
1011.99 |
5.0% |
Bounce |
6/1 |
430.92 |
5.0% |
SELL |
S&3 |
07/02/81 |
959.19 |
|
Breakdown |
7/2 |
409.60 |
|
(S-1) |
|
08/12/82 |
776.92 |
|
Bear Market Low |
8/12 |
292.12 |
|
|
|
9/21 |
934.79 |
20.3% |
Bounce |
9/14 |
375.45 |
28.5% |
|
|
9/30 |
896.25 |
4.1% |
Pullback |
9/30 |
360.46 |
|
& TheDowTheory.com
