Sectors and relative strength

In attachment you will find 3 Stoxx sectors.

The colour coding on the charts is based on the position of the relative chart.
Red below 20 and 50 days moving averages = bearish
Blue in between = neutral
Green above 20 and 50 days moving averages = bullish.
This give me a clear view of the changing sector rotation.
As you can see the industrials(chart1) are bullish and the telcos(chart3) are still bearish.(chart2)
The banks have just turn bullish.