december 02, 2020

realative strength wednesday

An in-depth edition of Relative Strength Wednesday. In the time-periods we are most concerned with, the rally is well in tact.  As  impressive of a rally as it's been in the U.S. markets, our analysis continues to show that the U.S. is not the nicest house in the block.  Emerging and Asian markets continue to shine on a RS basis.  In the short(er) term, a few signs of caution. Most notably, the IWM lagging the other indices. By no means a cause for alarm at this point, but when flags are raised you watch them.

Watch todays video to see how we use Chaikin Analytics alongside our trading platforms to assess relative strength in the market.