Long term sectors charts (Stoxx)

Sometimes looking at long term monthly charts
can give you a good perspective where the money is flowing.

Bullish charts (trend and momentum up):

Telecom-Technology-Food&beverage-Oil&gas

Bullish but overextended : basic resources

Bearish charts (trend and momentum down)
The last MACD signal was given in 2002.
Those signals doesn't came so often but when they occur it is prudent to not "fight the trend".

Health care-Real Estate-Banks-Construction