 Hello, CMC traders. Welcome to a new video on RRG for Monday the 4th of April. I'm recording it on Friday the 1st of April. It's no joke. My name is Julius de Campanar and I am presenting to you from Amsterdam in the Netherlands. I am the creator of Relative Rotation Graphs and I'm running RRG research together with my partner Trevor Neal. You will see here every other week. In this video we're going to quickly talk about the rotations for major world stock market indexes and then I want to zoom in on what's happening in the UK and see if we can find any individual stocks that are worth a further investigation, a better look. The RRG that you have on the screen here is the RRG show. It's a weekly RRG so it's a week-to-week tale and it shows you the rotation for the major indexes around the world. We can't go over all of them but there is a few that I want to highlight because I think they're worth your time and your interest. Obviously the first one is the UK because it's far away on the right. It's the strongest market in terms of RS ratio. It's losing relative strength right now. It's losing relative momentum but that could very well be and often is when it's so far to the right, a temporary rotation before it rotates back into fashion. A different rotation we see on the left-hand side for HSI, the Hang Seng Index. You see that? That tail never moved into the leading quadrant from improving so it rotated back down while it was inside the improving quadrant. That usually is an indication for a strong relative downtrend. You see that HSI tail never made it towards leading. I'm going to point you to that and I'm going to dive into the Futsi to the UK index. If we move from the weekly to the daily then you see what I mean because here is the HSI is inside improving and it's still looking quite good but you can see that it's rolling over so the odds are increasing for HSI tail on the daily to also roll over and start heading back down towards the lagging quadrant and what you will see then is that you will get an extra push on this weekly tail by renewed weakness on the daily so that makes Hong Kong a pretty weak market compared to the rest of the world in the coming days and potentially weeks so that's the one thing that I want to point out. If we look at for example because what I noticed when I looked at the ROG here on the daily that there is a few tails that are moving almost straight down that's the French CAG the German DAX and the general the stocks index the stock 600 they're all moving down they all came from that improving quadrant never made it to leading and started to roll over back down and they're now hitting the lagging quadrant again and if you put that back onto the weekly then you can see the DAX here you can see the stocks and you can see the CAG so they're also in a situation where the daily will start to reinforce to to get in sync with the weekly rotation so here also for those markets like the Hang Seng weakness expected for the CAG the DAX and the stocks index. If we look at the UK tail the UKX that's far on the rise it's a completely different picture it means that the UK markets in a relative uptrend versus the rest of the world and if you look at the daily then you can see that it went through that period of weakness which you can actually see here on the on the weekly where it's actually rolling over this is a period of weakness and that's magnified on that daily tail and you can also see that it is now starting to pick up again so for the UK I'm starting to I'm starting to look at further improvement as long as the daily tail here will pick up and move towards the improving quadrant and potentially back towards leading which will reinforce and possibly pull the UK tail back up and start moving further into the leading quadrant. Now we can actually dive into those markets you know there is the the ROG momentum plus baskets on the CMC platform and if we look at the contents of the CMC UK plus basket these are the 10 shares that are currently inside that basket it's a daily tail so they're they're quite short they're they're giving you the shorter term picture but what I really like here is the tails that are shown for Rio Tinto for Shell for Energian and you can even argue for Anglo-American if you look at the tail as detailed these tails within this universe they are moving nicely towards the northeast into or towards the leading quadrant and that makes them interesting charts to look at and if we quickly look at the individual images for example for Rio Tinto you can see that it is approaching overhead resistance at that previous high around 6200 but the ROG lines are starting to pick up so what I like to see is a combination of improvement in relative strength we already have that confirmed by a break in price so when Rio Tinto breaks above 6200 can take out this previous high then it becomes an interesting stock to for a closer look if you look at Shell you can see that it is already one step further in the process you can see the improvement of relative strength in the very early stages around the 100 level and you can see that Shell already broke out of that range a little bit of a pullback and it's now managing to hold up pretty well above that former resistance level as long as that holds Shell has more upside potential with limited downside risk and if we finish it off with Energian you can see a similar story there a break rally pullback and now we see a break and now we see another pullback to that previous resistance level which is now acting as support and we're bouncing off that so Energian just like Shell is already in the process of making higher highs and higher lows and potentially moving further ahead and that wraps up the video for this week thank you for watching and I hope to see you again at a new episode very very soon