Which assets are leading, improving, or weakening in EFI?
Use EFI Rotation's own table outputs to read leadership and momentum. Micro, macro, composite momentum, lead, state, and conviction describe related parts of the rotation model; a simple return ranking cannot replace them.
A useful read order
- Set the comparison
Confirm the universe, benchmark, and source timestamp for the rotation run.
- Read the row together
Compare micro with macro, then inspect composite momentum, lead, state, and conviction.
- Inspect the setup
Use price structure, nearby opposing levels, and an objective invalidation to evaluate a candidate.
Leadership has more than one dimension
A shorter-horizon improvement can occur while the broader trend remains weak. A positive longer-horizon reading can coexist with short-term deterioration. Reading the components together preserves that distinction instead of reducing every asset to a green or red return.
Lead is part of the rotation read, not a promise that one asset will lead the next move. Conviction and state need the same model receipt and observation time as the other row values.
Rotation, RRG, and performance
The Rotations workspace also offers RRG and Market Performance. These are useful complementary views, but EFI Rotation remains the authoritative source for EFI's rotation state, leadership, improvement, and weakening labels.
When a rotation-based screener describes a setup, look for its named archetype and objective invalidation. A bottoming candidate is a hypothesis about structure. Open air means no major opposing level was detected within the configured ATR distance; it does not establish that resistance or support cannot exist.
What this cannot establish
- Missing or stale EFI rotation evidence cannot be replaced with locally calculated returns.
- A high rank is relative to the selected universe and benchmark.
- Momentum and leadership can reverse; the setup still needs an invalidation and a valid current price.