$DGX has been in a “Go” trend since late April.
This came after a period of “NoGo” correction strong enough to push GoNoGo Oscillator below the zero line. After failing to make a lower low on 4/21, we saw GoNoGo Oscillator rally out of a Max GoNoGo Squeeze into positive territory. This told us that the virtual tug of war at that level had been resolved to the upside. Now, we see that GoNoGo Oscillator has found support at zero and GoNoGo Trend has started to paint strong blue “Go” bars again as price tries to climb. We will watch to see if this gives price the push it needs to break out of channel resistance to set a new higher high in the coming days.
