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UCS - Sector Rating
Previously I have posted Index Rating Indicator to help gauge the strong and weak index.
Now Its the Sectors.
This should help you choose sectors / Stocks within sectors, regardless of being a trend trader or contrarian. i.e. Trading with Strength or Against it.
Notice, At the time of me posting it.
The rally is supported heavily by XLK (TECH) and XLV - (BioTECH). Weakness from there would push the market down. Some cases the sectors rotate as well.
All In All, I use this to quickly pick stocks that are from stronger sectors to play pullbacks, or huge rally to play contrarian.
------------------------- YES I play both sides ------------------
One Last Information
Markets are classified into 3 Segments, Cyclical, Sensitive and Stable.
Stable - XLU, XLP, XLV
Sensitive - XLI, XLK, XLB
Cyclical - XLF, XLY, XLE
Knowing where the market money is flowing gives you a good edge.
Later I will post the composition of Sectors and the Markets Combined <B> Strength Index measured through Sectors <B> soon I figure out a way to make it presentable.
- Enjoy trading.
Now Its the Sectors.
This should help you choose sectors / Stocks within sectors, regardless of being a trend trader or contrarian. i.e. Trading with Strength or Against it.
Notice, At the time of me posting it.
The rally is supported heavily by XLK (TECH) and XLV - (BioTECH). Weakness from there would push the market down. Some cases the sectors rotate as well.
All In All, I use this to quickly pick stocks that are from stronger sectors to play pullbacks, or huge rally to play contrarian.
------------------------- YES I play both sides ------------------
One Last Information
Markets are classified into 3 Segments, Cyclical, Sensitive and Stable.
Stable - XLU, XLP, XLV
Sensitive - XLI, XLK, XLB
Cyclical - XLF, XLY, XLE
Knowing where the market money is flowing gives you a good edge.
Later I will post the composition of Sectors and the Markets Combined <B> Strength Index measured through Sectors <B> soon I figure out a way to make it presentable.
- Enjoy trading.
Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmıştır ve özgürce kullanabilirsiniz. Bir grafikte kullanmak için favorilerinize ekleyebilirsiniz. Kaynak kodunu görüntüleyemez veya değiştiremezsiniz.
Bu komut dosyasını bir grafikte kullanmak ister misiniz?
Uday C Santhakumar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.