CHART PACK REVIEW FOR THE WEEK ENDING APRIL 16th, 2022

CHART PACK REVIEW FOR THE WEEK ENDING APRIL 16th, 2022

16

April 2022

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.  The asset map shows that this week has been a struggle for equities as we see a couple of amber “Go Fish” bars creep in.  This indicates uncertainty in the preceding “Go” trend.  Trends remain in place for treasury bonds (NoGo), commodities (Go), the dollar (Go).  Bitcoin though, has seen a reversal as the “Go” trend has been replaced by a weak pink “NoGo”.  This is a crucial moment as markets deal with rising rates geopolitical strife.

To access this week’s Launch Conditions click hereasset map 041622

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:

$btcusd $SPY $TLT $USO GoNoGo Heat Map GoNoGo Oscillator GoNoGo RelMap GoNoGo Trend US Treasuries

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