In this week’s update, Tyler Wood, CMT discusses how to use GoNoGo charts to synthesize multiple technical indicators into a visual, easy to comprehend chart. Using a GoNoGo cross asset heat map, Tyler shows us how to easily identify “Go” and “No Go” trend conditions for the S&P 500, as well as why we are in a long-term secular bull market and a short-term cyclical bear market. Tyler then goes on to explain the advantages of technical analysis when it comes to stepping into areas of the market we may not be experts in.
📈 Learn more about Tyler and the CMT Association at their website here: https://cmtassociation.org/