US Marine Transportation Index (DJUSMT)

[ospreyeye]

$DJUSMT Chart: this post was from last week & all the info. still applies.......amazing chart.......the U. S. Marine Transportation Index has been extremely bullish.......looking for the good times to continue........$$$


ospreyeye Sunday, 01/12/14 01:24:28 PM
Re: ospreyeye post# 2

Post # of 28

$DJUSMT Weekly Chart: Nirvana.........a thing of Beauty.........as good as it gets..........riding in the Bullish upper Bollinger Band channel between upper BB resistance & middle BB support.........just like we discuss on the board............sell the upper BB & buy the middle BB.........when $DJUSMT is really running trade off MA's(7 & 10) support............

note: this is an Index and you cannot buy or sell the Index........instead you can buy or sell an ETF or individual equity.........I use Indexes to track the sector to identify buy and selling opportunities........alway's check the sector..........the sector favorability must match your trading strategy..........go w/ the flow.......be contrarian, but don't swim upstream.......

This chart is TEXT book trading.........Ospreyeye Board 101.......this chart clearly shows our trading strategy........& just how effective it is.........Congrats to all the money makers.........especially the ones that took the May alert & turned it into a like of GOLD.........that's what we are all about on this board........straight up charts, TA & education..........we post what we are seeing.......no sugar coating......no one is getting "paid"..........our goal is to help one another achieve financial freedom............good luck & happy trading..........$$$