GoNoGo Charts

GNG TV: Is There Enough Momentum to Change the Trend?

Alex Cole

Alex Cole

CEO & Chief Market Strategist, GoNoGo Charts
Tyler Wood

Tyler Wood


On this week's edition of the GoNoGo Charts show, Alex and Tyler take a look through the markets and discuss how the "Go" trend in the dollar is being tested for the first time in months. Likewise, the relentless rising rates of the last few months have also taken a moment to pause. They discuss how the charts give insight into possible next moves. The relaxing of these headwinds (rising rates and strong dollar) perhaps helped equities rally this week, and so Alex pulls up charts of $SPY to see if there is enough momentum to change the trend.

This video was originally recorded on May 26, 2022. Click this link to watch on YouTube. You can also view new episodes - and be notified as soon as they're published - using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android and more!

New episodes of GoNoGo Charts air on Thursdays at 3:30pm ET on StockCharts TV. Learn more about the GoNoGo ACP plug-in with the FREE starter plug-in or the full featured plug-in pack.

Alex Cole
About the author: , CEO and Chief Market Strategist at GoNoGo Charts, is a market analyst and software developer. Over the past 15 years, Alex has led technical analysis and data visualization teams, directing both business strategy and product development of analytics tools for investment professionals. Alex has created and implemented training programs for large corporations and private clients. His teaching covers a wide breadth of Technical Analysis subjects, from introductory to advanced trading strategies. Learn More

Tyler Wood
About the author: , CMT, co-founder of GoNoGo Charts, is committed to expanding the use of data visualization tools that simplify market analysis to remove emotional bias from investment decisions. Tyler has served as Managing Director of the CMT Association for more than a decade to elevate investors’ mastery and skill in mitigating market risk and maximizing return in capital markets. He is a seasoned business executive focused on educational technology for the financial services industry. Since 2011, Tyler has presented the tools of technical analysis around the world to investment firms, regulators, exchanges, and broker-dealers. Learn More