Dow Theory Update for January 18: Secondary (bullish) reaction against primary bear market as per the “Classical” Dow Theory
Precious metals remain in primary and secondary bullish trends I am writing on January 18 just before the close. US STOCKS The primary trend as per Schannep’s Dow Theory is bearish. The secondary trend (secondary reaction against the primary bear market) is bullish, as explained here. However, at the very least since January 16th, […]