Thank you. Great as always. Question regarding the offensive/defensive stocks formula. Shouldn´t it be (XLK*XLF*XLB*XLI)/(XLY*XLU*XLP*XLV). Because in this form you are constructing two indices in realtion to each other. But your formula is constructing one offensice index and then in relation to each single defensice sector ETF?
Outlook for Week 20/2023
Thank you. Great as always. Question regarding the offensive/defensive stocks formula. Shouldn´t it be (XLK*XLF*XLB*XLI)/(XLY*XLU*XLP*XLV). Because in this form you are constructing two indices in realtion to each other. But your formula is constructing one offensice index and then in relation to each single defensice sector ETF?
Really nice work!!!
Informative as always, great work!