$WTW regained its “Go” trend on yesterday’s bar.
What an interesting chart of $WTW! We see a diamond formation and price trend weakening over the right side of the pattern as GoNoGo Trend painted amber “Go Fish” bars. GoNoGo Oscillator got stuck at the zero line for an extended period of time as well indicating that there was little directional momentum and a stalemate almost between buyers and sellers as price stagnated. Now, GoNoGo Oscillator has broken out of the Max GoNoGo Squeeze and we see that price has broken out of the diamond as it returns to paint “Go” colors. We will look now for price to mount an attack on the prior high from mid December.
