[isatrader]

Below is the Percent of Stocks Above their 150 Day Moving Average visual diagram of the 9 sectors and the two major exchanges that make up the sectors that shows a snapshot of the overall health of the US market and the data table of the sectors which is ordered by overall health.

Note: the overall US sector average is at 49.29%, which is 12% higher than two weeks ago. So the breadth is continuing to improve in the US, and is now back to the neutral range in the middle of the scale. So basically there are roughly an even number of bullish and bearish stocks in the US market currently.

The Nasdaq is lagging a bit, and hasn't broken out yet like the NYSE breadth has, but this could be due the Health Care sector, which is still having a large number of breakdowns in the biotech stocks especially, and in which the Nasdaq index has a heavy weighting of health care stocks, compared to the NYSE.

Also a very positive sign is that the dog of the last few years, Energy. Which has consistently been at the bottom of the breadth range, has now moved up the chart for the first time, and actually higher than Health Care, and has also made it back above the key 30% level. So there could be some huge moves in the energy sector still to come, as those stocks have been beaten down for years.