ARTICLE SYNOPSIS...Dow Theory Confirmation And Divergence by Richard L. Evans According to one of the most important tenets of the Dow theory, the Dow Jones Industrial and Transportation Averages must confirm each other to be able to derive forecasting significance from t
ARTICLE SYNOPSIS...The Essence Of Dow Theory: Confirmation And Divergence by Richard L. Evans The Dow theory tenet that the Dow Jones Industrials and Dow Jones Transports must ""confirm"" one another is listed perfunctorily in most Dow theory discussions, but confirmation