Huron Consulting Group has flatlined since identifying a trend on August 20th.
This sideways consolidation has caused the GoNoGo Oscillator to ride the zero line for several bars causing the GoNoGo Squeeze grid to climb to extremes. We will now look to see if the oscillator can break out of the Squeeze to the upside, into positive territory. This would indicate that momentum has come back in the direction of the newly established “Go” trend and we could expect a new high in price.
