RE: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis
US sectors
The most posative sectors are Healthcare, Consumer Staples followed by Technology. All have flat / slightly rising 150 day MAs with heathcare and Technology being above these MA,s albeit barely for the latter. For Healthcare and Consumer Staples the percentages of stock about their 50 and 200 day EMAs is strong to the point of being overbought on with the percentages above their 50 day EMAs.