Good morning and welcome to this week’s Flight Path. The “Go” trend in equities continues this week and we saw an uninterrupted week of strong blue bars. Treasury bond prices have seen a return to a “Go” trend with a pale aqua bar at the end of the week. U.S. commodities have shown strength with a string of bright blue “Go” bars. The dollar, which has been such a strong performer of late remained in a “Go” trend but demonstrated a little weakness with a couple of aqua bars. $SPY Sees Continued Strength at New Highs The GoNoGo chart below shows that price continued to rally this week and GoNoGo Trend painted a week of bright blue “Go” bars. Price has edged to new highs and we will look to see if it can consolidate at these levels. This came after GoNoGo Oscillator found support at the zero line on heavy volume. We know therefore…
