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This sector looks incredibly weak!

Ecolab Inc. (BATS:ECL)  
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BATS:ECL   Ecolab Inc.
Trend Analysis Chart Patterns XLB materials SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) DD dupont chemicals
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trendanalysis chartpattern xlb materials spx spy dd dupont chemicals
XLB materials sector saw a nasty down day today despite the S&p500 closing positive.

Clear relative weakness is being observed.

One of the leading stocks in XLB : DD (Dupont) collapsed by 14% after issuing weak forward guidance ahead of their earnings.

If they're expecting softer demand from China you can almost count on contagion through the sector.
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