Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

GNG TV: “Go” Trends at Resistance Means Reversion

by April 13, 2023
April 13, 2023
GNG TV: “Go” Trends at Resistance Means Reversion

Mean reversion is the opposite of trend following. Investment strategies that leverage this occurrence, look to profit on countertrend moves. After an extended price move, asset prices can return to normal or average levels, either within a trading range or within standard deviations of a moving average or trend line. In this edition of the GoNoGo Charts show, Alex and Tyler review a lot of charts in Go trends that are at or reaching resistance, or prior levels where markets might find overhead supply from sellers.

The objective approach using GoNoGo Charts is to look for momentum divergence in the GoNoGo Oscillator as signs of rejection, or price breaks above prior highs that would facilitate trend continuation. The bifurcated leadership of equity sectors also frames the inflexion point that the US stock market is at right now. Large Cap growth in both tech (XLK) and communications (XLC) is leading; at the same time, defensive sectors such as healthcare (XLV), staples (XLP) and utilities (XLU) are outperforming the benchmark in relative “Go” trends. Alex and Tyler drill into the industry subgroups that are pulling these sectors higher. The message is clear that gold and cryptocurrencies offer the most constructive evidence for continued outperformance.

This video was originally recorded on April 13, 2023. 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.

0
FacebookTwitterGoogle +Pinterest
previous post
How You Can Reduce Risk and Improve Timing When Swing Trading
next post
Crude Oil at Major Price Low, Per COT Report Data

You may also like

Do Earnings Warnings Really Matter?

September 18, 2022

The S&P 500 Showing More Bullish Signals, Watch...

January 22, 2023

Bullish Rotation Fully Supports Further Gains Ahead

December 3, 2023

Gain AN EDGE Over Other Traders with ADX/DI

May 1, 2024

Now is NOT the Time to Start a...

November 25, 2023

Scanning Made Easy: A Beginner’s Guide to Custom...

April 7, 2023

Tech Wreck Leads Markets Into a Downtrend —...

August 5, 2023

Discover the Power of These 2 Cutting-Edge Tools!

February 16, 2024

These Old-School Stocks Have Joined The AI Rally!

November 23, 2024

The Best Leading Indicator for Stocks

March 22, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Senate shuts down Kaine’s attempt to check Trump’s war powers

      June 28, 2025
    • 3 Stock Setups for the Second Half of 2025

      June 28, 2025
    • Trump touts administration’s progress on peace deals, says world leaders ‘respect our country again’

      June 27, 2025
    • Venezuelan opposition member details harrowing 400-day captivity at UN

      June 27, 2025
    • Anxious Republicans turn to Trump amid divisions over ‘big, beautiful bill’

      June 27, 2025
    • JD Vance poised to clinch victory for Trump’s landmark bill as GOP finalizes strategy

      June 27, 2025

    Categories

    • Business (8,329)
    • Investing (2,081)
    • Politics (15,842)
    • Stocks (3,176)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved