• Sat. May 4th, 2024

GNG TV: US Equity Go Trend Reaches Downtrend Resistance | GoNoGo Charts

GNG TV: Constructive Evidence for Risk-On Markets | GoNoGo Charts

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In this week’s edition of the GoNoGo Charts show, Tyler shares perspective on global markets from a trend perspective, examining a “Go” trend in US equities that is bumping up against a familiar downtrend resistance line. Looking across macro forces like the “NoGo” in the US Dollar, Oil and Yields investors can better understand the context of this most recent relief rally in the S&P 500. Tyler also looks across global equity markets on a relative strength perspective to see opportunities in the UK, Eurozone, and emerging markets such as Mexico, Peru, China, and Hong Kong.

This video was originally recorded on December 1, 2022. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android and more!

New episodes of GoNoGo Charts air on Thursdays at 3:30pm ET on StockCharts TV. Learn more about the GoNoGo ACP plug-in with the FREE starter plug-in or the full featured plug-in pack.

Tyler Wood

About the author:
Tyler Wood is the Chief Operating Officer of GoNoGo Charts and a seasoned business executive who has led the operational and business development activities of teams large and small. As an executive manager over the past 20 years, he built and brought products to market in the educational technology space and financial services industry. As the Managing Director of the CMT Association for over a decade, Tyler has presented the tools of technical analysis around the world to investment firms, regulators, exchanges, and broker-dealers. Galvanizing vendors, volunteers, and demanding stakeholders around a common vision, Tyler designed and implemented policies and programming that raised the standards for professional technical analysis worldwide.
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Image and article originally from stockcharts.com. Read the original article here.