Dow Theory For Beginners

[@TheOpenCriticalmind]

What is the best timeframe to use?

[@DKellerCMT]

For Dow Theory, I usually compare trends over the last month or so! D

[@TheOpenCriticalmind]

@@DKellerCMT Thanks for that. Wouldn't using Russel 2000 vs DJTA would be good as it represents the 'Real engine' of the economy, instead of the Magnificient 7 in S&P 500?

[@rmah033]

Hi David, I don't understand your choice of the S&P 500 vs Nasdaq100 - aren't they both similar indexes? Shouldn't they be focused on different parts of the economy if you're trying to do what Dow theory was trying to achieve? Thanks!

[@DKellerCMT]

Yes and the problem is most indexes have very much a growth tilt to them! Still a work in progress...... D

[@mondlism]

Great video Dave as always, quick question: how do you scan for divergence in stocks?

[@DKellerCMT]

Not an easy task unfortunately, and very much a visual exercise for me. D

[@DarkBullCapital]

like the new new Dow a lot. Where to find out more on new new dow for empirical validation?

[@DKellerCMT]

Thanks! Have not done any sort of backtests on this, but would be interested to hear your results if you do so! D

[@mimbaxter]

Thanks Dave, the use of the equal weighted ETFs really makes sense, big thumbs up for that. As for which we hit first, 5000 or 4000? I am thinking that the fence looks comfortable, they could be the outer edges of the range for a while.

[@DKellerCMT]

That is a TOUGH question... and one that may be the subject of a future video :) D

[@WoodyReveals]

The weighted S&P 500 double top resistance. And the Russell 2000 up against resistance and a gap up on the $VIX I say we moved down 10%

[@DKellerCMT]

Good call on the Russell 2000 thanks for highlighting that! D

[@malifestro3319]

Love this!

[@DKellerCMT]

Cheers and thanks for watching! D

[@JonathanSebastian407]

Would like to see apple hit 200 yet bought some uvxy calls today 😂

[@DKellerCMT]

Yikes! D

[@extremecouponing91]

"Literally" a Textbook example for dow theory 😂😂

[@DKellerCMT]

hahaha absolutely right! D

[@Vasipetan]

Hello guys, I'm at begining with my trades and I wonder if there is someone here to give each other tips and tricks for better results:)

[@DKellerCMT]

Pick up a copy of "How to Make Money in Stocks" and go from there! www.marketmisbehavior.com/reading-list D

[@Vasipetan]

@@DKellerCMT ok, thx

[@boomcity4942]

Dave, I like all of your videos, but you don’t get very many likes. Maybe if you got a funny cat of dog 🐶 you would get likes.

[@DKellerCMT]

I have a labradoodle at home named Sparky, and expect to see her in more videos. Gotta get the likes. D

[@woober4828]

What is this

[@DKellerCMT]

It's Dow Theory for beginners! :) D