CHART PACK REVIEW FOR THE WEEK ENDING May 13th, 2023

13

May 2023

By

Alex Cole

Welcome to your weekly GoNoGo Launch Conditions Chart Pack.  We take a look at the major market trends across all asset classes to give an overall, technical view of market conditions. Equity markets are able to hang on to the “Go” trend and even paint strong blue bars to end the week.  Treasury bond prices and commodities continue to struggle but the big change this week is the dollar emerging out of a “NoGo” trend to paint first an amber “Go Fish” bar and then a first aqua “Go” bar to end the week. Enjoy this week’s chart pack and stay on the right side of the trends!

To access this week’s Launch Conditions click hereasset map 051323

It’s important to take a step back and assess whether the stories match the price trends.  The GoNoGo Trend and Oscillator are applied across the major asset classes to give a complete technical picture of trend and momentum. Click here

Flip through your weekly Launch Conditions chart pack below

Launch Conditions Graphic e1642280241152

BETTER CHARTS. BETTER DECISIONS.

Tags:

#RelativeStrength $btcusd $SPY $TLT $TNX $USO GoNoGo Asset Class HeatMap GoNoGo Oscillator GoNoGo RelMap GoNoGo Trend S&P 500 sector rotation US Dollar US Oil US Treasuries

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