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Which of the following statements is true? The Dow theory predicts price movements on a very short term basis. High short interest indicates bearish market

Which of the following statements is true?

The Dow theory predicts price movements on a very short term basis.

High short interest indicates bearish market sentiment.

A resistance level represents a price level the stock's price is not expected to fall below.

A high put/call ratio represents bullish market sentiment.

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