GoNoGo Charts April 29, 2024 at 12:59 PM
Good morning and welcome to this week's Flight Path. The equity "NoGo" trend continued this week even with some relief rallies as price attempted to move higher from the recent low. We see GoNoGo Trend painting weaker "NoGo" bars as the week ended... Read More
GoNoGo Charts April 26, 2024 at 07:35 PM
Chart Above (XLU:SPY) highlights trending relative strength of Utilities Sector. Watch Video below for details: The S&P500 trend conditions have continued this week in "NoGo" conditions despite relief rallies... Read More
GoNoGo Charts April 22, 2024 at 12:11 PM
Good morning and welcome to this week's Flight Path. The equity "Go" trend is over. We saw a pink "NoGo" bar following an amber "Go Fish" bar of uncertainty and then that was followed by strong purple bars as the week continued... Read More
GoNoGo Charts April 18, 2024 at 07:50 PM
Good morning and welcome to this week's Flight Path. The equity "Go" trend continued this week but we saw some weakness as GoNoGo Trend paints a string of weaker aqua bars to close out the week... Read More
GoNoGo Charts April 18, 2024 at 05:40 PM
The S&P500 trend conditions have reversed into "NoGo" and strengthened to purple bars. Alex Cole and Tyler Wood, CMT identify intermarket forces including rising rates ($TNX) and a strong US Dollar (UUP) that can provide headwinds to risk assets... Read More