Relative Rotation compares each asset against a benchmark on trend (RS-Ratio) and momentum (RS-Momentum).
How to read:
RS-Ratio = MA(10) / MA(30) of relative strength, scaled by 100. RS-Momentum = 10-period percent change of relative strength.
Leading: strong and improving
Weakening: strong but fading
Lagging: weak and fading
Improving: weak but improving