UDAY_C_Santhakumar

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.

Uday C Santhakumar
Script protégé
Ce script est publié en code source fermé et vous pouvez l'utiliser librement. Vous pouvez le préférer pour l'utiliser sur un graphique. Vous ne pouvez pas visualiser ou modifier son code source.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

Vous voulez utiliser ce script sur un graphique ?