Welcome to Relative Strength Wednesday's trading video. In what is a first for me in the five years I've been using Chaikin Analytics, not one of the major sector ETF Powerbars has a ratio above 1. With a market-down condition and no bullish strength anywhere in the US equity market, we had to dig really deep to find a trade for our long-only portfolio. We started from scratch at the beginning of January, and became fully invested right when the market put in a top. It's not pretty. But we continue to forward test trading signals (long) in all market conditions. Finding the relative strength in the markets are a key to that process.
RSS Feed