US Equity Go Trend Reaches Downtrend Resistance | GoNoGo Charts

Tyler Wood, CMT shares perspective on global markets from a trend perspective looking at a “Go” trend in US equities that is bumping up against a familiar downtrend resistance line. Looking across macro forces like the “NoGo” in the US Dollar, Oil and Yields investors can better understand the context of this most recent relief rally in the S&P 500. Tyler also looks across global equity markets on a relative strength perspective to see opportunities in the UK, Eurozone, and emerging markets such as Mexico, Peru, China, and Hong Kong. Be sure to watch the GoNoGo Special “Embracing Volatility” for more detail on using GoNoGo Charts through the lifecycle of your trades…

00:00 – Intro

00:56 – SPY – Daily, then weekly

05:16 – USD – UUP daily then weekly – No Go

06:26 – USO – No Go Strengthens to the downside

08:19 – $TNX – Daily hitting new highs 4.18% on 10 year – last seen in 2008

10:54 – HYG:TLT – Risk Off

12:03 – Global Equities – UK & Eurozone – Not Brasil! – Mexico, Peru – NOW China?! Hong Kong, Singapore, Thailand.



Free Starter Plugin:



#RelativeStrength $SPY $TNX $USO GoNoGo Asset Class HeatMap GoNoGo Charts GoNoGo Heat Map GoNoGo Oscillator GoNoGo RelMap GoNoGo Sector RelMap GoNoGo Trend

get in touch

Mon - Fri 8:00 - 16:00
Subscription Form
$1.99 / week
Trend Analysis and Charts Delivered Weekly
Flight Path
Pre-Market Monday Morning
Launch Conditions
Delivered Every Saturday Morning
Research Chart Pack
16 GoNoGo Charts Included with Every Report
$9.99 / week
Daily Research
Flight Path
Pre-Market Monday Morning
Launch Conditions
First Thing Saturday Morning
Daily Blast Off
Pre Market Daily
Deploy GoNoGo Indicators on Your Favorite Platforms