US Marine Transportation Index (DJUSMT)

[ospreyeye]

$DJUSMT chart: the U.S. Marine Transportation Index is setting up to retest 335 resistance.......it looks like resistance should break on this attempt & the US Marine Transportation Index should breakout........keep an EYE on 335.......if that level fails to break a Double Top could form signaling downside risk........

There are several factors of why I think this Index will breakout and head higher.........I've been discussing them in detail for many months........checkout the $DJUSMT board to catch up on the DD.........stocks in this sector are poised to have a major breakout........US is exporting at multi year highs.........

http://ih.advfn.com/p.php?pid=squote&symbol=Djusmt

SAR set up for a Bullish flip when 335 level gets hit..........MACD set up for a Bullish Crossover.........DMI w/ ADX had a Bullish Crossover last week.........Full Sto & Fast Sto each had bullish crossovers on Fri. & both have juice to run........Accum/Dist, OBV & CMF are showing heavy loading.........take a look @ the huge Green Volume Bar on the 20th.........giant Vol. spike.........big money "entered" the sector........the current pullback is the load before the explode higher in my opinion.........keep an EYE......no keep both EYE's on 335.........when $DJUSMT closes above that level you'll know it's Showtime!..........$$$