$DE has been in a “Go” trend since early May.
Since then, we saw price race to a higher high on strong blue “Go” bars. A Go Countertrend Correction Icon (red arrow) followed, and we saw price fall from that high and then move mostly sideways with GoNoGo Trend painting mostly weaker aqua bars. During that time, GoNoGo Oscillator fell to test the zero line from above. We saw that it got stuck at that level and a virtual tug of war between buyers and sellers was reflected in the climbing grid of GoNoGo Squeeze. The Max GoNoGo Squeeze has finally been broken with GoNoGo Oscillator moving into positive territory, giving price the support it needs to make an attack on a higher high. With GoNoGo Trend painting a strong blue bar and a Go Trend Continuation Icon (green circle) under the price bar, we will look for price to climb in the coming days.
