CHART PACK REVIEW FOR THE WEEK ENDING MAY 14th, 2022

CHART PACK REVIEW FOR THE WEEK ENDING MAY 14th, 2022

14

May 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.  The picture remains familiar.  Equities remain embroiled in a strong “NoGo” painting purple bars as we saw a lot of market volatility this week.  Treasury bond prices stay weak painting pink “NoGo” bars.  Commodities continue to try to hold on to the “Go” trend as the dollar remains strong.  Bitcoin continues to struggle.  Enjoy this week’s chart pack and stay on the right side of the trends!

To access this week’s Launch Conditions click hereAsset map 041422

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 $DBA $DXY $IAU $SPY $TLT GoNoGo Asset Class HeatMap GoNoGo Heat Map GoNoGo Oscillator GoNoGo RelMap GoNoGo Sector RelMap GoNoGo Trend Launch Conditions