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. For all the talk of relief rallies, risk remains off from a trend perspective. Equities, while painting a weaker pink bar to end the week are still in a "NoGo" trend. Commodities are in a strong "NoGo" and Bitcoin continues to struggle. The strength of the dollar continues and the emergence of an aqua "Go" bar in treasury bond prices doesn't help sway the overall picture. Investors traditionally see bonds as a safer place to park money and so we will see if money continues to move from equities. 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
BETTER CHARTS. BETTER DECISIONS.