[isatrader]

Another big reversal week for the sector charts with 6 of the 9 sectors reversing back above their 10 week moving averages, which can be seen on the visual diagram of all the sectors has turned the board into a much more positive picture again, after the negativity we saw building two weeks ago. So this looks to have been averted for the time being, but there's been a lot of back and forth over the last few months so it would seem wise to be cautious here and selective.

Utilities and Consumer Staples hold on to the top two spots, with Energy and Basic Materials still at the bottom of the relative performance rankings. However the biggest movers over the last few weeks have been in Technology, Basic Materials, Industrials, Energy and the Consumer Discretionary sectors.

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 overall NYSE Percentage of Stocks above their 150 day Moving Averages, plus the 1% P&F chart and line chart of the nine sectors.