Over the last one year period the industrials have been one of the most resolute. It is just one of three major S&P sectors in the green during that time up 2.5%, lagging technology and energy. And compared to the other 11 groups it is among the best at just 3% off its most recent 52-week highs. Dating back two years the very round par number does carry some significance as it has roughly been in contact with the figure the majority of the time. That is also the area of a double-bottom breakout from last November. But its stalling is giving some to call the area a bearish rounded top. I believe the bulls still have the benefit of the doubt but if the 95 level is taken out to the downside all bets are off. Looking at what is working within are the waste and disposal services names. Looking at WM it is trading right at a cup with handle breakout trigger of 165.42. On the flip side airlines are experiencing some turbulence to the downside with the JETS ETF 23% off most recent 52-week highs and carving out a bear flag pattern as it wrestles with its 200-day SMA.