GNG TV: US Equity Go Trend Reaches Downtrend Resistance
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.