The master limited partnership investment strategy usually has consistent cash flows. Here is an interesting ETF that holds 25 Infrastructure MLP's. This could be considered a defensive area but it still had 18% gains last year.
You can see in the SPURS (Purple shaded area behind the RSI), this stock underperformed since last July. The MACD has gently pulled back. This would appear to be the second week the stock held above the breakout area. That is a change in behavior as all the other breakouts failed on the second week.
The SCTR is getting to a decision level. A break through 75 would be very important. That would make it a top quartile ETF.
I think it's pretty interesting here. For more information on the ETF click through this link. AMLP
Good trading,
Greg Schnell, CMT
