The DJ Trucking index has been a decent leader for the broad market.

Last week I shared that an UPSIDE BEARISH WICK had taken in the DJ Trucking Index, which in the past suggested lower prices in the broad market  (see post here)


In the past these upside failures along line (1) were suggesting that a peak in this key index was close at hand.  Continue to keep a close eye on the action of the DJ Trucking Index and IYT!  Should these break down further, the odds go up that the quiz is on track, per owning RWM (See quiz)

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past