if you look at the individual constituents, proctor & gamble making up 17% of this index is really thenly stock holding up this index coca-cola 10%. relatively weak relative stock. pepsi broke below 135, 10% of the index. costco, 5% of the index. you have a lot of these constituents starting to break down i like this trade. i especially like the fact that mike is risking a very small percentage. >> there you go. mike you're getting a boost there from tony. meantime, check out the industrials. they've kind of been quietly chugging higher over the last month despite some choppy trading. along with the rest of the market. now is it time to get in on the action ask tony he'll tell you he's got cat scratch fever. >> i want to take a look at playing a bit of defense here as the markets a little soft. we see rotation out of technology into industrial and mining i have a few charts to share the first one i have is xli, the industrial etf i have a chart of industrials relative to the s&p 500. we know this is a sector that has been underperforming the market for multiple years. but since the mar