GNG TV: Is There Enough Momentum to Change the Trend?

On this week’s edition of the GoNoGo Charts show, Alex and Tyler take a look through the markets and discuss how the “Go” trend in the dollar is being tested for the first time in months. Likewise, the relentless rising rates of the last few months have also taken a moment to pause. They discuss how the charts give insight into possible next moves. The relaxing of these headwinds (rising rates and strong dollar) perhaps helped equities rally this week, and so Alex pulls up charts of $SPY to see if there is enough momentum to change the trend.

This video was originally recorded on May 26, 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!

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