How to Use the US Market Health Dashboard

A complete walkthrough of all 6 views — from reading EMA-based index health gauges to identifying the strongest GICS sectors and industries across S&P 500, Nasdaq 100, Russell 2000, and NYSE. Use this dashboard to assess whether the US market environment favours buying, waiting, or caution.

Open the Dashboard →

Contents

  1. Dashboard Overview
  2. Sectoral Health
  3. Breadth Analysis
  4. Sectoral Breadth Analysis
  5. Sector Performance
  6. Industry Breadth Analysis
  7. Industry Performance
  8. Putting It All Together

Dashboard Overview

The US Market Health Dashboard gives you a top-down view of the American stock market — from broad index trends all the way down to individual industry performance. It is built around one core question: is the market environment healthy enough to justify buying?

The dashboard is organised into 6 views accessible via the tab bar at the top of the page. Each view adds a layer of detail:

Index Trends Market Breadth Sector Depth Industry Depth
Best practice: Work through the views in order — Sectoral Health first, then Breadth, then Sector and Industry drill-downs. This gives you a top-down picture before you go hunting for individual stocks.
1

Sectoral Health

Are the major indices in uptrends? How strong are those trends?

This is the default view and your starting point. It shows gauge-style cards for major US indices — S&P 500, Nasdaq 100, Russell 2000, Dow Jones Industrial Average, S&P 400 MidCap, S&P 600 SmallCap — as well as the key SPDR sector ETFs (XLK, XLF, XLE, XLV, XLY, XLP, XLI, XLB, XLC, XLRE, XLU).

What the gauge score means: Each index gets a score from 0 to 4 based on how many of its four key EMAs the current price is trading above.

Score Colour Meaning
4 / 4Dark GreenPrice above all EMAs (10, 20, 50, 200-day) — strong uptrend
3 / 4Light GreenMostly bullish, minor weakness in one EMA
2 / 4YellowNeutral — mixed signals, consolidation phase
1 / 4OrangeMostly bearish, only one EMA support intact
0 / 4RedPrice below all EMAs — downtrend

EMA indicator dots: Below each gauge you will see four coloured dots for the 200-day, 50-day, 20-day and 10-day EMAs. A green dot means price is above that EMA; a red dot means it is below. The percentage next to each dot shows exactly how far price is from that EMA (e.g. "+2.1%" means the index is 2.1% above its 200-day EMA).

Trend Elevator: On the right side of each card a vertical bar shows the stacking order of price and the four EMAs. When price sits on top of all four EMAs in descending order (Price → EMA10 → EMA20 → EMA50 → EMA200), a green "✓ BULLISH TREND" badge is shown. Any break in this stack shows "✕ BROKEN TREND".

How to use it: Focus on the S&P 500 and Nasdaq 100 cards first. If both are green (score 3–4), the broad market is in good shape and you can be more aggressive in your stock picking. If they are yellow or red, apply extra caution regardless of how good an individual stock looks.
Open Sectoral Health →
2

Breadth Analysis

Is the market rally broad-based, or driven by a handful of mega-cap stocks?

Market breadth measures what percentage of the stocks inside an index are actually participating in the move. An index like the S&P 500 or Nasdaq 100 can rise even when most of its stocks are falling — if a few very large companies (the "Magnificent 7", for example) are rising strongly enough. Breadth tells you whether the move is healthy or suspect.

For each index (S&P 500, Nasdaq 100, Russell 2000, etc.) you see four columns:

% Stocks above 200-day EMA % Stocks above 50-day EMA % Stocks above 20-day EMA % Stocks above 10-day EMA
Green (> 60%) — Strong, broad participation
Yellow (40–60%) — Mixed, transition zone
Red (< 40%) — Weak, narrow market

Above the table, an auto-generated plain-English interpretation tells you what state each index is in — for example: "The S&P 500 is in Consolidation Mode. The index is time-correcting within a broader uptrend..."

Pattern you see What it means
All columns green Healthy bull market — participation is strong across all timeframes. Good environment to be invested.
200 EMA green, 20 EMA red Long-term trend intact but near-term pullback. Normal correction within an uptrend — look for buying opportunities.
All columns red Broad market weakness. Avoid new positions; existing positions need review.
200 EMA red, 20 EMA green Short-term bounce in a longer downtrend. Be cautious — this is often a "dead cat bounce".
Key insight: Always compare the S&P 500 (large-caps) with the Russell 2000 (small-caps). If large-caps are strong but the Russell 2000 is red, the rally is narrow and fragile — likely being propped up by mega-caps. A truly healthy market has breadth expanding across all market caps simultaneously.
Open Breadth Analysis →
3

Sectoral Breadth Analysis

Which GICS sectors have broad-based strength vs. being carried by a few stocks?

This view applies the same breadth logic — but GICS sector by sector. Instead of asking "how many S&P 500 stocks are above their 200-day EMA?", it asks "how many Technology sector stocks are above their 200-day EMA?" This reveals whether a sector's strength is genuine or concentrated in a handful of large-cap names.

Each row shows a GICS sector (Technology, Financials, Energy, Health Care, Consumer Discretionary, Consumer Staples, Industrials, Materials, Communication Services, Real Estate, Utilities) with its stock count and the same three breadth columns (% above 200, 50, and 20-day EMA). The colour coding is identical to the Breadth Analysis view.

Drill-down tip: Every sector name is a clickable link. Click any sector to jump directly to the Industry Breadth Analysis for that sector — showing which specific industries inside it are strong or weak.
What to look for Action
A sector with all three columns green and high stock count Strong sector with genuine broad participation — worth looking for stocks here
A sector with few stocks but all green Niche area in uptrend — confirm that the industry itself is small, not just limited data
A sector with a positive price move but red breadth Move is driven by 1–2 mega-cap stocks, not sector-wide — be cautious about chasing
Open Sectoral Breadth →
4

Sector Performance

Which GICS sectors are outperforming and over what time horizon?

While breadth tells you how many stocks are participating, performance tells you how much they have moved. This view ranks every GICS sector by the average price return of its constituent stocks across five time horizons:

1 Week 1 Month 3 Months 6 Months 12 Months

The table is sorted by 3-month performance by default, which balances short-term momentum with medium-term trend. Cells are colour-coded green (positive) to red (negative), with intensity reflecting the magnitude of the move — darker colours mean larger moves.

Performance pattern Interpretation
Green across all 5 periods Sustained uptrend — institutional money is consistently rotating into this sector
Green (1W, 1M) but Red (6M, 12M) Recent bounce in a longer downtrend — potential sector rotation but verify with breadth first
Red (1W, 1M) but Green (12M) Short-term correction in a long-term uptrend — may be a buying opportunity
Red across all 5 periods Sustained sector weakness — avoid until trend reversal is confirmed
Drill-down tip: Click any sector name to see Industry Performance for that sector — breaking down which specific industries are driving (or dragging) the sector's returns.
Open Sector Performance →
5

Industry Breadth Analysis

Inside a sector, which GICS industries have the strongest participation?

GICS sectors are broad. The Technology sector, for example, includes Semiconductors, Software, IT Services, and Hardware & Storage — each with very different trends. Industry Breadth breaks sectors down to this granular level.

You can access this view in two ways:

Each industry row shows its stock count and the percentage of stocks above the 200, 50, and 20-day EMAs. Industry names are clickable and open the Industry Stocks View showing every individual stock in that industry with its technical details.

What to look for: Find industries where all three breadth columns are green AND the stock count is reasonable (10+ stocks). This confirms genuine sector rotation rather than one or two stocks skewing the data. These are the highest-quality hunting grounds for individual stock picks.
Open Industry Breadth →
6

Industry Performance

Rank GICS industries by actual price returns to find where money is flowing.

This is the most granular performance ranking in the dashboard. It shows every GICS industry group ranked by the average 3-month stock return of its members, with columns for 1W, 1M, 3M, 6M and 12M returns — the same colour-coded format as Sector Performance.

Like Industry Breadth, it can be filtered by sector (by clicking through from Sector Performance) or viewed across all sectors at once.

Best use case How to do it
Find the strongest industry right now Open the view in all-industry mode, look at the top-ranked rows by 3M return, then confirm with Industry Breadth
Find industries recovering from weakness Look for rows that are red over 12M but green over 1M — these are early-stage sector rotations worth watching
Drill into a specific sector's industries Click the sector name in Sector Performance to filter this view to that sector only
Drill-down tip: Click any industry name to open the Industry Stocks View — a table of every stock in that industry with its price, return data, and technical metrics side by side.
Open Industry Performance →

Putting It All Together — A Daily Workflow

Here is a practical 5-minute routine you can follow each morning before the US market opens or after it closes:

Step View Question to answer
1 Sectoral Health Are the S&P 500 and Nasdaq 100 in a bullish EMA stack? What is the overall score?
2 Breadth Analysis Is the market move broad-based? Is the Russell 2000 (small-caps) participating alongside large-caps?
3 Sector Performance Which 2–3 GICS sectors are leading the market right now on a 3-month basis?
4 Industry Performance (filter by top sector) Inside those leading sectors, which industries are the strongest?
5 Industry Breadth (confirm top industries) Do the top-performing industries also have strong breadth? Confirmed breadth + performance = highest conviction.

Once you have identified a strong sector and industry, use the Industry Breadth drill-down to open the Industry Stocks View and find specific stocks within that pocket of strength. Then cross-reference those stocks in the Technical Screener (USA) for final conviction.

Market Health Dashboard Strong Industry Industry Stocks View Technical Screener (USA)

Quick Reference — All Market Health Views