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The S&P 500 continued its bounce off of its 50-day moving average today, which picked up underlying breadth quite a bit as well. As things stand now, just over two-thirds (68%) of the stocks in the S&P 500 are currently above their 50-days.

Materials and Energy are the two sectors that have seen the biggest increases in breadth over the past two days. The Energy sector now has 74% of its stocks above their 50-days, while the Materials sector is even stronger with a reading of 84%. Health Care has the second highest reading at 83%. Unfortunately, the biggest sector in the market -- Technology -- still has the lowest reading of them all at 40%.

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Source: S&P 500 Sector Breadth Check-Up