CHART PACK REVIEW FOR THE WEEK ENDING JULY 9th, 2022

9

July 2022

By

Alex Cole

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.   Risk remains off this week as equities, treasury bonds, commodities, and bitcoin all are in "NoGo" trends still.  Within the equity markets we are seeing an interesting rotation emerge as strong "NoGo" relative trends persist in energy, financials, industrials, and materials while new "Go" trends on a relative basis creep into growth sectors like discretionary and communications. Enjoy this week's chart pack and stay on the right side of the trends!

To access this week's Launch Conditions click hereSector RelMap 070922

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

Launch Conditions Graphic e1642280241152

BETTER CHARTS. BETTER DECISIONS.

Tags:

#RelativeStrength $btcusd $SPY $TLT $USO $XLE Commodities GoNoGo Asset Class HeatMap GoNoGo Heat Map GoNoGo Oscillator GoNoGo RelMap GoNoGo Sector RelMap GoNoGo Trend