Updated exclusive graphic of the 104 Dow Jones Industry Groups showing the Percentage of Stocks Above 30 week MA in each group visualised as a Bell Curve chart – inspired by the Sector Bell Curve work by Tom Dorsey in his Point & Figure book....

In this weekends members video I discuss the Stan Weinstein Interview on Twitter Spaces, as well as the regular content of the Major Indexes, Sectors Relative Strength Tables & Charts, Industry Group RS Tables and Themes, Market Breadth: Weight of Evidence, 2x Weekly Volume Stocks and the US Watchlist Stocks in detail.

The Nasdaq Composite is approaching a significant level of interest that has acted as both support and resistance five times or so in the past year. Hence, it is a key level to overcome in order for the short term Change of Behaviour that we've seen to turn into a more significant Change of Character – which would be more bullish. As although the initial Stage 4 breakdown attempt failed and the rebound has been strong, relative strength in the Nasdaq remains weak versus the S&P 500 and it's moving into a logical area for shorts to initiate a test of the recent price action...

Exclusive graphic of the 104 Dow Jones Industry Groups showing the Percentage of Stocks Above 30 week MA in each group visualised as a Bell Curve chart – inspired by the Sector Bell Curve work by Tom Dorsey in his Point & Figure book....

US Sectors - Percentage of Stocks Above their 150 Day (30 Week) Moving Average, Cumulative Point & Figure Breakouts - Breakdowns, Stocks Above +1x ATR Level and Below the -1x ATR Level Comparison and Effective Volume Update

Stage Analysis Members Video covering the Major Indexes (i.e. S&P 500, Nasdaq Composite, Russell 2000 and the VIX etc), Market Breadth charts to determine the Weight of Evidence, Industry Group Relative Strength Tables and the Groups in focus this week. Plus the US Stocks Watchlist.

Weekend update covering the major indexes, market breadth, industry group relative strength tables and the weekend US stocks watchlist...

Overview the key market breadth charts that we follow in order to determine the Weight of Evidence, which guides our strategy and risk management.

Introduction to Stage Analysis - Members service, Stock Market Overview, Major Indexes & Sectors, Industry Group Relative Strength, Market Breadth Charts (Percentage of stocks above their key MAs, Bullish Percent Indexes, Advance Decline Lines, New High New Lows, Cumulative P&F Breakouts - Breakdowns, Stage Analysis Technical Attributes (SATA) scoring system and the US Watchlist Stocks in focus - ASAN, MDB, DOCU, CRWD, PYPL and many more...

Heavy declines across the majority of sectors with only the leading sector Utilities escaping with a flat week. Energy took the hardest hit with over 22% of stocks in the sector closing the week below their 150 day (30 week) MAs, and Basic Materials was also hard hit with a 15% drop.