Question from Werner W:
Thx for you information on your charts – really interesting strategy and all makes sense. Great work
Just a question:
Why do you use for ETF Funds the relative strength values from http://www.etfscreen.com and not also the SCTR from stockcharts site?
Thx for answering.
The SCTR ranking is weighted more to the last 6 months, which does not represent longer term momentum as the ETF Screen RS does.
Each site has their own formula… We only use SCTR because it is convenient.
Good trading, and tell your friends!