[isatrader]

Here's the overview charts of the US Bullish Percent and Moving Average Breadth

Note: A mixed week for US stocks with the small caps in Stage 2, whereas the rest of the market remains in Stage 3 ranges. There were small gains in most, but the NYSE closed lower -0.65%, so I think that was because it has a much higher weighting of the energy stocks, of which a lot had a very bad week on the back of oil falling almost 5%. There were large pullbacks in numerous energy stocks, in what has been the sector of the year so far. So it raises the question of whether it's just a pullback after the huge gains in the sector, or whether we've seen a top for energy stocks. But will be something to keep a close eye on.