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. The weakness continues for equities as the “NoGo” trend strengthened painting strong purple bars. Treasury bond prices continue to paint “NoGo” bars as well. Commodities and the dollar continue to be strong. We see defense on the field again this week as the industrials join the sectors in relative “Go” trends and communications resumes a “NoGo” to join technology and communications. Enjoy this week’s chart pack and stay on the right side of the trends!
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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