[isatrader]

With the NYSE percentage of stocks above their 150 day moving averages chart breaking down earlier in the week it's not a surprise to see a very negative week in the individual sectors with Technology being the only sector that's managed to hang on to it's buy signal. Three more sectors broke down below their 10 week moving averages this week - Health Care, Consumer Discretionary and Energy. Whereas Financials - which is the sector with the largest amount of stocks in the US (1100 stocks currently) - broke below it's April swing low to close the week under the key 70% level for the first time this year.

So overall the sectors seem to be weakening and rolling over currently - which can be seen in the sector breadth visual diagram clearly if you compare it back over the last few weeks. As only three weeks ago the majority of sectors were on a buy signal in the overbought zone, whereas today eight of the nine sectors are on a sell signal in the upper middle part of the range.

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.