CHART PACK REVIEW FOR THE WEEK ENDING August 2nd, 2024

3

August 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.   A change in trend this week for U.S. equities as we see a first strong purple “NoGo” bar. Treasury bond prices remain in a “Go” trend and paint strong blue bars.  Commodities are in a strong “NoGo” trend and so is the dollar after some bars of uncertainty. 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 “NoGo” Trends with Surging Momentum

To access this week’s Launch Conditions click here SPY 45

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 $TLT $TNX GoNoGo Asset Class HeatMap GoNoGo Charts GoNoGo Oscillator GoNoGo RelMap GoNoGo Sector RelMap GoNoGo Squeeze GoNoGo Trend

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