NEW BREAKOUT HIGH FOR THE MOVE..
340 IS NEXT ON THE MLP EXPRESS TRAIN!

Sorry for no posts yesterday but we had no wireless service in the house which is in the Redneck Riveria. Then this morning after going crazy all day i realized it was just a matter of resetting the wireless router (Duh!) so im back on this morning. So my apologies. The MLP index is clearly telling us that with the overall market now rallying out of W bottom we have a shot for all time highs in a few weeks.

The dow chart looks constructive here and the move has been very powerful from the lows of 2 weeks ago. We're above support. So the wind is at our backs probably through earnings and distribution announcements.

The open looms in a few. We're on central time here so my body clock is a bit off. Going to swim laps. Looks like a slightly lower open off June retail sales and a sideways day would be no shock here after 7 up days in a row. MLPS could continue pushing higher regardless so let the games begin and im off to swim laps. By the way no kidding aside it is beautiful here. Check out the link above.