Spot Leading Sectors in Real Time
When one sector line rises while another falls, capital is actively rotating. Identifying the leading sector helps narrow your stock selection universe.
Read Economic Cycle Positioning
Cyclical sectors leading while defensives lag suggests early expansion. The reverse pattern signals contraction. Rotation patterns reveal where we stand in the cycle.
Inform Directional Trade Decisions
Once a leading sector is identified, drill down to find the strongest stocks within. The indicator serves as a top-down filter from market to sector to stock.
How do I identify which sector is currently leading the rotation?
The indicator plots major sector ETFs on a normalized scale so you can directly compare relative performance. When one sector line rises while another falls, capital is rotating out of one theme and into another. The rising line shows the leader.
What does it mean when defensive sectors outperform cyclical sectors?
Defensive sectors like utilities leading while cyclicals like technology lag suggests late-cycle behavior or risk-off sentiment. Early-cycle expansion typically shows the opposite, with financials and discretionary leading while utilities decline.
How do I go from identifying a leading sector to selecting individual stocks?
Once you identify the leading sector, drill into its components to find the strongest individual stocks. The indicator serves as a top-down filter, narrowing the universe from broad market to sector to individual trade candidates with the best relative momentum.
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