Technical_Analysis_page_105

Technical | Analysis page 105 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

76 Part Il_ Markets and Market Indicators Charles Dow, the father of modern technical analysis, was the first to create an index that meas- ures the overall price movement of U.S. stocks. However, he never specifically formulated what has become known as the “Dow Theory.” Indeed, he likely never…