Professional
Context
Two markets show similar base structure, but one holds higher, recovers faster, or resists weakness better.
Illustrative campaign snapshot 23: the structure is synthetic and designed only to isolate the evidence sequence for relative strength selection.
Evidence to read
- candidate A holds support while benchmark or peer breaks lower
- candidate A recovers range midpoint first
- reactions show less supply relative to peers
Expert read
Relative strength improves selection because stronger candidates often show demand earlier.
Alternative interpretation
Relative strength can fail if the whole sector or benchmark enters broad weakness.
Confirmation required
- leadership persists through pullbacks
- breakout occurs with confirmation
- peer/benchmark weakness does not drag it below structure
Invalidation signs
- leader loses support first
- relative line deteriorates
- sector background turns distributive
Common traps
choosing strength without VSA confirmation
ignoring correlation risk
buying leadership after it is too extended
Source frame
Wyckoff/VSA educational frame: background first, effort versus result second, confirmation third, risk and invalidation always explicit.