As all eyes watch the Fed in anticipation of this week's Jackson Hole Summit, GoNoGo Charts help investors retain an objective, evidence-based view on what is actually happening in markets. In this edition of the GoNoGo Charts show, Tyler examines US Dollar strength (UUP) and the rally in government bonds (TLT) as they found key support, sending rates ($TNX) lower within a sideways range; this could offer guide rails to the "higher for longer" level if yields continue to vacillate between the upper and lower bounds.
This video originally premiered on August 24, 2023. Click this link to watch on YouTube.
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About the author:
Tyler Wood, 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.
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