GoNoGo Charts – Launch Conditions
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. It wasn’t a great week for equity markets as GoNoGo Trend shows that price remained in a “NoGo” with the trend strengthening this week to paint a string of strong purple “NoGo” bars. The zero line in GoNoGo Oscillator panel continues to provide resistance as we thought it might and so we do not see any reason to suggest that the worst is over just yet. There are strong trends elsewhere however; look through the chart pack to get a sense of cross asset market movements from a trend and momentum perspective.
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