Swing trading is all about following the money flows, and you can map those using thematic ETFs vs a benchmark like QQQ, SPY, or RSP.
As an example, I flipped out of semis and the AI trade when they showed early weakness and into themes like online retail, China tech, and digital payments. What followed were good trades into winners like ACIW, BABA, NU, GCT, which put me into the green last week.
Can also sort into growth/factor, like low vol, MAGS, high beta, etc, sector indexes, global markets, whatever.
As of right now, 2 week strength is detected in the below.
Major caveat to this method: Sometimes relative strength may look good but really means "least bad". Each theme must be run through its own analysis. If you have the index tank and some themes are tanking less, the read may look like strength.
https://preview.redd.it/1r6jrn61leeh1.png?width=1357&format=png&auto=webp&s=8616cd175ba3e984588bff708cad1f5fa849846c