Yeah I was thinking it would be very useful in terms of stock selection for your type of top down analysis. eg Comparing ASX sectors bench-marked against xjo or xao, establishing the improving/leading & the weakening/lagging sectors and then taking the biggest stocks in those sectors and using the sector itself as the new benchmark to find the strongest/ weakest stocks for long/ short positions.
I've had a play around, but it's not nearly as useful for me since i'm primarily trading intraday and only trade a small basket of stocks. I don't 100% understand how the RRG's function yet either, but MA have another webinar coming up soon which i'll be watching.
