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Re: ospreyeye post# 20

Monday, 12/23/2013 10:17:27 PM

Monday, December 23, 2013 10:17:27 PM

Post# of 29
$DJUSMT Chart: major breakout in progress.......8 day run.......checkout the Volume on Fri.......wow!.......The US Marine Transportation Index has been on fire........amazing run after testing MA(100) support.........just like back in Oct. the 100 Day Simple Moving Average was the Load Zone in Dec..........huge money moved into the Marine Transport Index once resistance broke last Wed........the close above the Nov. 12th closing price was the Signal a breakout was coming......Thursday's close confirmed the Bullish move........and on Fri. $DJUSMT broke out on massive vol.........very cool......been tracking this Index for quite sometime & it doesn't appear to be slowing down..........many Bullish reasons to have some exposure to this sector............$$$


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