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. Equity markets continued to show strength and indeed GoNoGo Trend was able to flag a “Go” trend as prices rose enough to cause the indicator to paint aqua bars to end the week. GoNoGo Oscillator suggested as much when it crossed above the zero line a few bars earlier. With equities, commodities, the dollar and bitcoin all in “Go” trends, is the GoNoGo Asset Map below starting to tell a different story in terms of risk on vs risk off?
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