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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.
Uday C Santhakumar
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