$WTW was in a “Go” trend until mid October.
After GoNoGo Oscillator broke through the zero line into negative territory, we saw the trend in the price panel change as GoNoGo Trend first painted a couple of amber “Go Fish” bars of uncertainty before entering a “NoGo”. Since then the oscillator has been at or below the zero line finding resistance at that level each time it is tested. Most recently, after setting a new lower high, we saw price fall and GoNoGo Oscillator ride the zero line causing an extended Max GoNoGo Squeeze to form. This reflects the tug of war between buyers and sellers at these price levels. GoNoGo Oscillator has now broken down into negative territory out of the GoNoGo Squeeze, and volume is heavy. We see a NoGo Trend Continuation Icon (red circle) above price. We will watch to see if this pushes price lower over the coming days as it looks for new a lower low.
