Relative Strength Spread

The chart below is the spread between the relative strength leaders and relative strength laggards (universe of mid and large cap stocks). When the chart is rising, relative strength leaders are performing better than relative strength laggards. As of 10/21/2013:

spread 10.22.13 Relative Strength Spread

The RS Spread has broken out to its highest levels of the year and is trending strongly above its 50 day moving average.

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