US Equity Go Trend Reaches Downtrend Resistance | GoNoGo Charts (12.01)
21m
Tyler Wood, CMT shares perspective on global markets from a trend perspective looking at 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.
Be sure to watch the GoNoGo Special "Embracing Volatility" for more detail on using GoNoGo Charts through the lifecycle of your trades
https://www.gonogocharts.com/videos/embracing-volatility-a-gonogo-charts-special-presentation-11-16-22/