
Technical | Analysis page 110 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 6 Dow Theory 81 purchased; second, selling due to decreased earnings; and third, distress selling, regardless of value, by those who believe the worst is yet to come or who are forced to liquidate. The Secondary Trend ...a secondary reaction is considered to be an important decline in a…