CHART PACK REVIEW FOR THE WEEK ENDING July 20th, 2024

CHART PACK REVIEW FOR THE WEEK ENDING July 20th, 2024

20

July 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.  Equity markets remained in a “Go” trend however we saw weakness this week with aqua bars after Go Countertrend Correction Icons.  Treasury bond prices saw the “Go” trend weaken as well. Commodities saw a reversal as GoNoGo Trend ended the week with a pink “NoGo” bar.  The dollar saw more uncertainty as GoNoGo Trend painted an amber “Go Fish” bar after several “NoGo” 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 SPY 53

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 GoNoGo Asset Class HeatMap GoNoGo Charts GoNoGo Heat Map GoNoGo Oscillator GoNoGo RelMap GoNoGo Sector RelMap GoNoGo Squeeze GoNoGo Trend

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