How low can $BAC go?
During the lengthy “NoGo” trend that took hold in the middle of February 2022, we have seen several opportunities to participate in the trend in form of NoGo Trend Continuation Icons (red circles) that offer low risk entries into the trend in place. On the current bar, we are seeing another of these NoGo Trend Continuation Icons. This tells us that momentum has returned in the direction of the “NoGo” trend.
