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. Is this the moment the bulls have been waiting for? Enough of the inputs to the GoNoGo Trend indicator combined to allow $SPY to paint fresh aqua "Go" bars to end this week. GoNoGo Oscillator is no clearly in positive territory having broken out of multiple GoNoGo Squeezes. The question now is how long can this "Go" trend persist given that the larger timeframe trend remains a "NoGo". Will we see a relatively quick return to "NoGo" bars as we did in April or will it be different this time? Enjoy this week's chart pack and stay on the right side of the trends!
To access this week's Launch Conditions click here
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.