Donchian Channels 2

How the Donchian Channel is a Support and Resistance Indicator

The Donchian channel is a technical indicator used by traders as a tool for trading price ranges. It was created by the father of trend following  Richard Donchian. A Donchian Channel on a chart is created by using the highest high and the lowest low of the last periods of the timeframe on the chart. The space between the […]

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The Odds that the Stock Market Will Make a V-shaped Recovery

This is a Guest Post by Troy Bombardia of BullMarkets.co. Market outlook: is this a V-shaped recovery? The stock market bounced this week after it tanked last week on trade war news. Is the stock market making a V-shaped recovery? Probably not. Technicals (short term, next 1-3 months): mixed. If I had to assign a probability to a

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