Anshika Sharma India 3k Questions 2k Answers 3 Best Answers 4k Points View Profile0 Anshika Sharma Asked: June 13, 20202020-06-13T15:43:11+05:30 2020-06-13T15:43:11+05:30In: Stock MarketWhat Are The Basic Principles Of Dow’s Theory?0 What Are The Basic Principles Of Dow’s Theory?gk ShareFacebook1 AnswerVotedOldestRecentAnshika Sharma India 3k Questions 2k Answers 3 Best Answers 4k Points View Profile Anshika Sharma Added an answer on June 13, 2020 at 3:43 pm The averages discount everything. Market has three main movements. These are primary, secondary and minor movements. Lines indicate movements. Such a movement indicates either accumulation or distribution. Price-volume relationships provide background. The price action determines the trend in the market. The averages must confirm i.e. the movements of two different market indices must confirm each other to confirm the overall trend.0Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppLeave an answerLeave an answerCancel reply Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment.