CHART PACK REVIEW FOR THE WEEK ENDING August 31st, 2024

31

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.  Equities remained in a strong “Go” trend as prices consolidate close to prior highs.  Treasury bond prices remained in a “Go” trend but the indicator painted a full week of aqua bars.  GoNoGo Trend showed that U.S. commodities index has rolled over to paint more strong purple bars.  The dollar remained in a “NoGo” trend but we see weaker pink bars at the end of the week.  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 “Go” Trends with Surging Momentum

To access this week’s Launch Conditions click here SPY 96

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 GoNoGo Asset Class HeatMap GoNoGo Charts GoNoGo Heat Map GoNoGo Oscillator GoNoGo RelMap GoNoGo Sector RelMap GoNoGo Squeeze GoNoGo Trend

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