In this video I will be talking about the ways to determine relative strength as well as how I determine relative strength between the S&P 500 and NASDAQ on a daily basis. I will also touch on using the change in correlation between ES and NQ for reversals.
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0:00 Intro
00:21 Relative Strength / Weakness
3:02 Using SMT
4:33 Using ES/NQ Chart
11:13 Change In Correlation
13:27 Outro
Indicator to use for ES1!/NQ1! : www.tradingview.com/script/bwkzDg1s-Strength-Compa…
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