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Sector early indicator? No: Natural Resources, not really.

Indeks Dow Jones Industrial Average (DJ:DJI)  
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DJ:DJI   Indeks Dow Jones Industrial Average
Trend Analysis nasdaq Nasdaq Composite Index CFD DJI djia BHP RIO resources mining
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trendanalysis nasdaq ixic dji djia bhp rio resources mining
The Natural Resources sector - here represented by BHP (in green) and Rio Tinto (RIO, in orange) - does not generally act as an early indicator against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... only possibly during the fall in their share prices over Jul and Aug of 2018.

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