Utility Labels Indicator for ThinkOrSwim - Quick Sector Overview

Описание: Let's walk through an example of how to use our free Utility Labels indicator, available for ThinkOrSwim.

If you don't already have the indicator, you can download it here for free:
https://www.tosindicators.com/indicat...

The Utility Labels indicator allows you to (quickly) gauge a broad sector and market overview, in less than a minute. It works on any time frame, and in today's video, we'll focus on the weekly, daily and 1-hr time frame.

Using the weekly time frame, we see that a majority of our sectors are all indicating a bullish trend.

However, using a daily time frame chart, we see 2 sectors that stand out -- XLE and XLF - the energy and financial sector ETF. Both are showing relative strength, compared to their peers, which are demonstrating much more bearish structure.

Here are all the links mentioned in today's video:

➜ Utility Labels:
https://www.tosindicators.com/indicat...

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⏱️ Here are video timestamps that might come in handy:

0:08 - Introduction
1:14 - Sector Overview on 3 Timeframes
3:06 - Energy Sector (XLE)
3:45 - Financial Sector (XLF)
4:47 - Materials Sector (XLB)
6:05 - Dow Jones (DIA)
6:35 - Conclusion

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✅ Download the Futures Volatility Box here:
https://www.tosindicators.com/volatil...

✅ Download the Stock Volatility Box here:
https://www.volatilitybox.com/product...

✅ Watch the new Triple Pro Squeeze course here:
https://www.tosindicators.com/squeeze...


#ETF #XLE #ThinkOrSwim