As all eyes watch the Fed in anticipation of this week’s Jackson Hole Summit, GoNoGo Charts help investors retain an objective, evidence-based view on what is actually happening in markets. In this edition of the GoNoGo Charts show, Tyler examines US Dollar strength (UUP) and the rally in government bonds (TLT) as they found key support, sending rates ($TNX) lower within a sideways range; this could offer guide rails to the “higher for longer” level if yields continue to vacillate between the upper and lower bounds.
This video originally premiered on August 24, 2023. Click this link to watch on YouTube.
Learn more about the GoNoGo ACP plug-in with the FREE starter plug-in or the full featured plug-in pack.