Has the trend changed? Technically Speaking with Rich McDonald

Stock market trend analysis: are we in an uptrend or downtrend right now? Axel Rudolph sits down with trader Rich McDonald to break down how to spot a trend change using higher highs, higher lows and key chart levels. In this episode of Technically Speaking, Rich McDonald, who has traded for 25 years and previously worked at Credit Suisse, shares why he tends to fight trends through mean reversion, and why Axel's technical approach has changed how he trades. Together they walk through Dow Jones daily, weekly and monthly charts to explain how professional traders identify a genuine trend change versus a temporary correction. 0:00 Rich's contrarian call in a downtrend 0:41 Meet Rich McDonald, 25 years trading 2:27 What is a trend and why it matters 3:38 Higher highs and higher lows explained 7:01 Why the closing price matters most 9:05 Weekly and monthly Dow Jones trend check 11:04 Rich's current position and risk approach 14:16 Stops, scaling in and out, volatility rules 📈 Catch more market commentary and insights on our channel. Subscribe ► https://www.youtube.com/@iguk_official?sub_confirmation=1 Find out more: https://upl.inc/k4gg8x Your capital is at risk. 69% of retail investors lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. #StockMarket #TechnicalAnalysis #TradingTips #DowJones #InvestingTips #StockMarketToday