CHART PACK REVIEW FOR THE WEEK ENDING APRIL 23rd, 2022

CHART PACK REVIEW FOR THE WEEK ENDING APRIL 23rd, 2022

23

April 2022

By

Alex Cole

Welcome to your weekly GoNoGo Launch Conditions Chart Pack.  We take a look at the major market trends across all asset classes to give an overall, technical view of market conditions.  The asset map shows that this week ended badly for equities.  The uncertainty we noted last week gave way to bearish price action. After trying to regain the “Go” trend the week’s final bars were “NoGo”.   Trends remain in place for treasury bonds (NoGo), commodities (Go), the dollar (Go).  The overall picture has emerged as more risk off this week.

To access this week’s Launch Conditions click hereAsset map 042322

It’s important to take a step back and assess whether the stories match the price trends.  The GoNoGo Trend and Oscillator are applied across the major asset classes to give a complete technical picture of trend and momentum. Click here

Flip through your weekly Launch Conditions chart pack below

Launch Conditions Graphic e1642280241152

BETTER CHARTS. BETTER DECISIONS.

Tags:

$SPY GoNoGo Heat Map GoNoGo Oscillator GoNoGo RelMap GoNoGo Sector RelMap GoNoGo Trend Launch Conditions S&P 500 sector rotation US Treasuries

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