GNG TV: Open to All Outcomes | GoNoGo Charts


In this week’s edition of the GoNoGo Charts show, Alex and Tyler review Wednesday’s upside move in the context of a persistent “NoGo” trend in US Equities, Commodities, and bond prices. The continued “NoGo” trend conditions on the daily and weekly charts are only further confirmed by macro forces like rising interest rates ($TNX) and the persistent “Go” trend in the US Dollar index (UUP). The parabolic move in the US Dollar index has corrected, but remains in trend. Relative trend performance from the Financials (XLF), Energy (XLE), Consumer Staples (XLP), Healthcare (XLV) and Utilities (XLU) sectors remain in “Go” conditions. Alex and Tyler review the Consumer Discretionary (XLY) sector as well, which has held up relative to the S&P 500 (SPY), and examine a couple of holdings, including Avis Budget (CAR) and Home Depot (HD).

This video was originally recorded on September 29, 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,, 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.

Join us next week on Tuesday, Oct 11, 2022, at 11:00 am EDT for the special GoNoGo workshop “Forecasting Follies: React Responsibly to Market Moves”! Registration is required, but FREE. See Alex and Tyle take a fresh look at market trends in this exciting presentation.

Alex Cole

About the author:
Alex Cole, CEO and Chief Market Strategist at GoNoGo Charts, is a market analyst and software developer. Over the past 15 years, Alex has led technical analysis and data visualization teams, directing both business strategy and product development of analytics tools for investment professionals. Alex has created and implemented training programs for large corporations and for private clients. His teaching covers a wide breadth of Technical Analysis subjects from introductory to advanced trading strategies.
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Tyler Wood

About the author:
Tyler Wood is the Chief Operating Officer of GoNoGo Charts and a seasoned business executive who has led the operational and business development activities of teams large and small. As an executive manager over the past 20 years, he built and brought products to market in the educational technology space and financial services industry. As the Managing Director of the CMT Association for over a decade, Tyler has presented the tools of technical analysis around the world to investment firms, regulators, exchanges, and broker-dealers. Galvanizing vendors, volunteers, and demanding stakeholders around a common vision, Tyler designed and implemented policies and programming that raised the standards for professional technical analysis worldwide.
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