Alex Cole and Tyler Wood, CMT review cross-asset relationships from a GoNoGo Trend Perspective. NoGo trends on the daily timeframe for USD and TNX provide tailwinds for risk assets. Multiple timeframe analysis reveals that the recent rotation to “risk-on” still has more to prove on the weekly charts. Opportunities in gold, industrials and energy on both an absolute and relative basis look most constructive.

00:00 – Intro

01:29 – GoNoGo Asset Class Heat Map

02:45 – SPY – Daily, then weekly

06:54 – 10 Year Treasury Yield ($TNX)

08:43 – USD – UUP daily then weekly – No Go

13:09 – Gold (GLD)

16:54 – GoNoGo Sector RelMap – call out Cyclicals

19:06 – XLE – Weekly, Daily absolute and relative(Max Squeeze)

21:19 – XLI:SPY – relative Daily

 

Website: https://www.gonogocharts.com/

 

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