US Industry Sectors Breadth
It's been two weeks since my last sector breadth update, and we've seen the extreme bullishness from then tempered a bit with eight of the nine sectors lower than they were two weeks back now - with only Health Care being higher.
The overall bull bear mix has also neutralised with five of the nine sectors now on sell signals, and seven of the nine sectors continued lower this week, although the move was more minor than the previous week.
Consumer Discretionary moves into the top spot on the table and Basic Materials continues to be the weakest sector with only 43.58% of it's stocks above their 150 Day Moving Averages.
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.
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