[isatrader]

Attached is the updated Advance Decline Breadth Charts, including the cumulative AD line, momentum index, cumulative AD volume line, 10 Day AD oscillator and the McClellan Oscillator and Summation Index.

[isatrader]

Attached is the New Highs / New Lows charts.

           

Also, this week I wanted to highlight the combined US New Highs - New Lows cumulative chart as it's the combined NYSE and Nasdaq data, and shows that the broad market is within touching distance of new highs for the first time since the September highs.

   

[isatrader]

The Nasdaq Bullish Percent Index

       

Nasdaq Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages P&F charts

The short term chart moved back to Bull Confirmed status this week and the medium and long term charts are with touching distance of doing the same. So I will be watching this closely this week, as with the NYSE gauges doing similar moves, the US market could be ready for the next Stage 2 advance as the weight of evidence is looking more positive and in a decent field position. Interesting times...

           

Nasdaq Percentage of Stocks above their 200 Day, 150 Day and 50 Day Moving Averages line charts

           

Nasdaq Advance Decline Line

       

Nasdaq New Highs New Lows

       

[isatrader]

Attached is the exclusive S&P 500 Cumulative P&F Breakouts - Breakdowns charts

Note: the S&P 500 Cumulative P&F Breakouts - Breakdowns chart made a break back above the moving average sin the last week and also closed the week back above a recent swing high, and is back in positive territory once more. Further confirmation I'd like to see is if it can make a new all time high.

[Amedee]

[isatrader]

[isatrader]

Attached is the US Sub Sectors ordered by the weekly and monthly percentage change.

To see the full list sectioned by major sector, with links through to individual stocks in each sector, go to: http://stockcharts.com/freecharts/indust...ECTOR_SPDR

Weekly US Sector Relative Performance

       


Monthly US Sector Relative Performance

       

[isatrader]

Below is the data table for the Percent of Stocks Above 150 Day Moving Average in each sector which I've ordered by relative strength, with the highest to the lowest percentage in each sector. Also attached is the visual diagram of the 9 sectors and the NYSE Percentage of Stocks above their 150 day Moving Averages line chart.

Note: The Basic Materials sector made a strong breakout after consolidating around the key 30% level for a few months, and so the sector has given a buy signal, and moves to Bull Confirmed status for the first time since early in 2014.

Another important move this week was that the largest sector - Financials, had a very strong move and reclaimed the 70% level. Which put it back above Utilities at the top of the relative performance table, which is another positive sign as you don't want to see defensive stocks leading.