International paper looks to have set a high.
While still in a “Go” trend, the GoNoGo Oscillator has been overbought but come back and so we are setting a countertrend correction arrow appear above the price bar. This suggests that in the short term, price may take a pause. As the GoNoGo Oscillator approaches the zero line from above we will look to see if it will find support there. If it does then we can expect the “Go” trend to continue after the correction has played out.
