The complimentary service table presents a technical strength to weakness ranking of the different U.S. Equity sectors indices. The table is updated at the close of each trading day and shows the technical strength and weakness of the entire market for the coming session. 
The ranking is based off JS Services proprietary MARKETCOLOR technical indicator analysis. The analysis applies unique proprietary systems to multiple technical indicators and presents the result in a color-coded table. The conclusion is a picture of a market's technical profile.
The technical "color" profile is then summarized into a single numeric value - the MC Value. The MC Value is by itself is a stand-alone indication of a markets' strength or weakness, but when compared to other like markets, shows a "relative strength" comparison. The MARKETCOLOR Ranking provides this comparative overview, ranking the selected markets from technical strength to weakness. The higher the MC Value, the more technical indicators are in a positive position. The lower the MC Value, the more technical indicators are in a negative position. 

In addition to the sector index ranking, subscribers to JS Services are also able to view the component issue tables. These rankings show which stocks are driving the bid sectors higher and the offered sectors lower. 

Please review the EXAMPLE below as well as the MARKETCOLOR tutorial to get the most out of this trading tool. 


Trading Strategies using the Ranking Table

1 Money Flows and Sector Analysis - The Ranking Table provides a macro overview of the market showing which sectors are bid and which are offered.
2 Stock Selection - When a sector or index is isolated the component issues that are driving the strength or weakness, are presented in ranked order.
3 Matched Pairs Trading - The Ranking Table breaks down a sector from strength to weakness, quickly isolating potential matched pairs spreading opportunities.
4 Option Volatility Strategies - An MC Value Rank of (0) on the table shows the sectors and component stocks that are in a neutral position. These directionless stocks are good candidates of short premium strategies alone or covered.
5 Extreme/Reversal - Stocks or sectors at the upper and lower extremes of the Ranking Table can show good reversal or exhaustion opportunity.
6 Basket Trading - The Ranking Table enables a quick creation of "smart baskets". Traders who use broad-based or sector indices as a momentum indicator to trade stocks in those sectors can create "smart" bid baskets and "smart" sell baskets. Bid baskets contain positively ranked stocks and sell baskets contain negatively ranked stocks.
7 Spread Trading - Interest rate strip and yield curve spread trading are available using the Interest Rate Ranking Tables. Currency cross-rate spreading opportunities can be found in the Foreign Currency Ranking Tables. Commodity calendar and inter-market spreads can be created using the Commodity Ranking tables.

For further information on MARKETCOLOR,  please go to MARKETCOLOR Tutorial