13

CNO Financial Group Inc sees change in trend.
After a strong “NoGo” move that pushed prices down to a low of  under $22, there has been enough strength in price for the inputs to the GoNoGo Trend indicator to flag a new “Go” trend by painting a pale aqua bar.
The GoNoGo Oscillator stayed below the zero line for the entire “NoGo” move, but then was able to break into positive territory a few bars ahead of the trend change, giving us a small head’s up.  First we saw an amber “Go Fish” bar, and now a “Go” bar as the oscillator is in positive territory.  We will look to see if price can consolidate above the highs of the basing pattern, around $24.