Practical Implementation
The method uses daily bars and closing prices while ignoring intraday highs and lows. Dow Theory can be traded directly on index exposure such as SPY, DIA, or Dow-related ETFs. Dow Theory can also function as a market trend filter for rela…
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The method uses daily bars and closing prices while ignoring intraday highs and lows. Dow Theory can be traded directly on index exposure such as SPY, DIA, or Dow-related ETFs. Dow Theory can also function as a market trend filter for relative-strength portfolios.