CHART PACK REVIEW FOR THE WEEK ENDING May 4th, 2024

CHART PACK REVIEW FOR THE WEEK ENDING May 4th, 2024

4

May 2024

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.  Equities rallied out of the “NoGo” this week and we saw the week end with an amber “Go Fish” bar.  Treasury bond prices saw the “NoGo” trend weaken and paint pink bars.  Commodities show uncertainty as the indicator paints amber “Go Fish” bars. The dollar stayed in a “Go” trend but painted weaker aqua bars. Enjoy this week’s chart pack and stay on the right side of the trends!

**Scroll down in the PDF to see our weekly “Top 5 Stocks in “Go” Trends with Surging Momentum

To access this week’s Launch Conditions click here asset map 050424

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:

#RelativeStrength $btcusd $SPY GoNoGo Asset Class HeatMap GoNoGo Charts GoNoGo Heat Map GoNoGo RelMap GoNoGo Squeeze GoNoGo Trend

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