NoGo trend has been identified on the Daily GoNoGo Chart. For the first time since April 28th the GoNoGo Trend indicator has been unable to maintain *bullish blue bars.
This change in the price environment comes as the GoNoGo Oscillator crashes through the zero line which shows that momentum has also turned *bearish.
There could be support just below current levels which might cause price to pause, but the trend on the Nikkei 225 Index is now a NoGo.
What are the GoNoGo Indicators?
The GoNoGo Trend indicator blends traditional trend concepts to color price action according to the strength of its trend. The colors range from *bright blue (strongly *bullish) to dark *purple (strongly *bearish)
The GoNoGo Oscillator blends traditional *momentum concepts to demonstrate the velocity of price action. The oscillator ranges from -6 (extremely *oversold) to +6 (extremely *overbought)
This change in the price environment comes as the GoNoGo Oscillator crashes through the zero line which shows that momentum has also turned *bearish.
There could be support just below current levels which might cause price to pause, but the trend on the Nikkei 225 Index is now a NoGo.
What are the GoNoGo Indicators?
The GoNoGo Trend indicator blends traditional trend concepts to color price action according to the strength of its trend. The colors range from *bright blue (strongly *bullish) to dark *purple (strongly *bearish)
The GoNoGo Oscillator blends traditional *momentum concepts to demonstrate the velocity of price action. The oscillator ranges from -6 (extremely *oversold) to +6 (extremely *overbought)
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。