US Marine Transportation Index (DJUSMT)

[ospreyeye]

$DJUSMT Chart: Nice close above 317 resistance & if you've been following my posts you are aware that 317 was the magic number.......huge close for the Marine Transportation Index........breaking out to the next level.....will go through some of the top looking Marine Transport plays......two weekends ago I charted almost every stock in the Marine Transport Index........if interested just scroll back,,,,,.the charts & TA are there........I correctly called the breakout in May & I even charted this sector last winter when the breakout started.......major money making sector.......should continue to be HOT.......world population exploding.......add 2B people and that's a lot of shipping containers............the Arctic Passage is exciting.......also, just read an iceberg is breaking off Antartica and will eventually clog the already tight S. American shipping channel.......

MACD started a Bullish Crossover today......TRIX is setting up for a Bullish Crossover........DMI w/ADX just had a bullish crossover.......under heavy accumulation for the last year and a half.........Fast Sto in the Power Zone......Full Sto following suit......RSI in the above 50 Bull Zone w/ juice to run.......SAR flipped to a Buy signal yesterday......$DJUSMT is on major breakout mode...........$$$