This is a another way to use the FSC Lazy Man template . . as a lens to detect the momentum leader of the moment across major market sectors. In this example a daily bar scale is shown but where things really get interesting is when we reset the bar scale to 5 or 10 minutes and utilize the template to daytrade. By keeping the Lazy Man portfolio as an active overlay while we focus on another ETF . . in this case GLD . . we are able to immediately determine what's hot and what's not. For pattern recognition traders like myself this is great tool for staying on the right side of the short term trend. Tomorrow I'll profile a point and click metrics tracker that can be set up within FSC to instantly identify the current momo leader in any time frame.
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