[Amedee]

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.

Hi Isatrader,
I am trying to get a grip on your table of stocks/sectors above the 150 day moving average and the visual diagram of 9 sectors.

According to your oversold to overbought diagram, it looks like financials and Health care are both overbought and the strongest sectors.
While scrolling through the information on the site of Tom Dorsey (DWA), I have a different reading...

DWA distinguishes 40 sectors (!). The strongest sectors are
1 Biomedics favored
2 Aerospace average
3 Drugs favored
4 Healthcare favored
5 Restaurants favored
6 Leisure favored
7 Semiconductors favored
8 Housing favored
9 Textile favored
10 Insurance average
...

Financials are ranking #13 and are unfavored (in this case, for example the percent of stocks in positive trend is bear confirmed and the RS trend of the sector is not giving enough positive signals). In the data table 'stocks above 150 day moving average' financials are #1 and going up ?!
   
On the sector bell curve (the 40 broad sector groups are mapped according to their current bullish percent reading, that is the percent of stocks on a P&F buy signal), financials are in the middle of the curve @48-52% and not really shifting to left or right at the moment. In the visual diagram, financials are in the 70-802% zone and green?

Healthcare is not equal neither.
This sector is outperforming. On the DWA bell curve, healthcare is @58-62% and shifting to the right side of the bell curve (4 months ago it was @ 48-52%). With a reading of 58-62%, the sector is not overbought yet..
Like you said, the healthcare is a strong sector, but although perhaps on a downtrend above the 150 day moving average, not on a downtrend when measuring its RS/performance (the sector RS is still very strong, the % of stocks on positive trend for the sector is outstanding...) and not overbought yet.
   
In other words, I find it difficult to interpret the table of stocks above 150 day moving average, the line charts and the visual diagram of 9 sectors. Is the 150 day moving average such a important market breadth indicator? I understand that 72-73 % of the stocks in the sectors financials and health care are above the 150 day moving average. But is it correct then to point out that those sectors are overbought?
Do you see a reason why the difference between both 'models' could be quite different?