[isatrader]

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?

The 150 day moving average is the daily equivalent of the 30 week MA that is crucial in Weinstein's method for determining the four stages.

The most important breadth chart in Weinstein's method is the NYSE and S&P Surveys which measure the amount of stocks in Stages 1 & 2 in the market, but this is a proprietary breadth chart that is only available to subscribers to Weinstein's GTA service. But if you read the Technically Speaking interview that I gave the link for the other day, then you'll understand that the percentage of stocks above the 30 week MA is the closest approximation to that proprietary breadth chart, as Weinstein has said it has a 75% to 80% correlation with his proprietary Stages Surveys, and hence why I include it in the market breadth each week. The custom sectors version that I create breaks down the NYSE and Nasdaq Percentage of Stocks above their 150 day (30 week) charts that you see on here and Dorsey's site into the 9 major sectors and also combines the two to give a total US market view on one chart.