The best chapter is on why volume must confirm the trend – it filters out 90% of false breakouts.

Does anyone have a recommendation for a modern explanatory PDF (English or Spanish)? I’m trying to nail down the difference between a "secondary reaction" and a true trend reversal.

I just finished re-reading the original principles of (co-founder of The Wall Street Journal). If you want to understand primary trends, secondary reactions, and why volume confirms price, you need this PDF.

Get the PDF here: [Insert link]

Does anyone have a clean PDF of Dow Theory (preferably in Spanish/English)?

Just downloaded the "Teoria de Dow" PDF. 📉

I’ve been looking for a solid breakdown of "Teoria de Dow" as a PDF. I found a few scanned copies of Hamilton’s original work, but most are low quality.