$LXU has been in a “NoGo” correction since hitting highs in mid April.
Now, as price consolidates, GoNoGo Oscillator is riding the zero line causing a max GoNoGo Squeeze. When all of the inputs to the GoNoGo Oscillator are in their neutral territories then we have a situation with little directional momentum. We will watch closely to see in which direction the Squeeze is broken. If it is broken to the downside, we will see further struggle for price ahead.
