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$ALEX sees fresh momentum in direction of “NoGo” trend as the GoNoGo Oscillator is rejected again by the zero line.
Price has been consolidating sideways in a narrow range  at levels that have been support. If the “NoGo” trend is to remain strong, we will see GoNoGo Oscillator move lower into negative territory and that will likely be followed by another leg down in price.   We will look to see if this price action can test and potentially break through support, setting a new swing low.