In this lesson, we stay in the world of ETFs and remain on the TradingView platform, but here we have moved on to sectors.
Once again, you can see how the indicator delivers so much information from a variety of timeframes in a single workspace, as well as showing you the strength of trends, relationships between sectors, and of course, opportunities for reversal trading. The market strength indicator is also invaluable when run alongside one for stocks to see if the stock you are trading is following the same path as the sector.