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One index (Dow Jones Trucking Index/DJUSTK) does not make a trend, yet I do feel the action of the trucking index should be respected and observed, due to this potential breakdown.
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This would put real distillate storage levels very close to MOL and well below the five year trend instead of ridiculously above it..If one takes a look at the trucking index.. The US Case-Schiller price index reports home prices recovering and mortgage rates are at historic lows so the current ARM resets may be relatively harmless…..Comments can no longer be added to this story.