[isatrader]

This week saw four more changes on the sector breadth charts, with three more moving to sell signals and consumer staples slightly recovering back above it's 10 week MA. So seven of the nine sectors are now on sell signals in the upper portion of the range and so is a precarious position and indicates caution is necessary.

Financials and Industrials remain the strongest sectors with 78% of their stocks above their 150 day moving averages whereas Energy was the biggest mover dropping 7.38% to the bottom of the chart, as now only 51.44% of stocks in the Energy sector are above their 150 day moving averages. This is closely followed by Basic Materials which is equally as weak.

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.