The DJ Trucking index broke down from a flag/pennant pattern back in 2008 at (2) above…. falling 50% in 6 months.

Now the Trucking index broke below another flag pattern of late, kissed the underside of resistance at (4) and is reflecting relative weakness, as it has lost 7% more more than the 500 index in the past 90 days.

This index rolled over and went into a ditch very quickly back in 2008, impacting the broad markets….keep an close eye on it, to see if it skids off into the ditch again!

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