The Market Vectors Nuclear Energy ETF (NLR) offered the first chance to get in on a break of a long downtrend back in the middle of February and again on a break of a longer downtrend in May.  It quickly moved up more than 10% following that breakout and reached oversold levels in the short term.  It needed a breather and got it this month as the market digested gains.  NLR has retreated around 10% and is currently testing a very strong level of support where the upward trend off the March lows and the 50 day moving average converge.  Considering Nuclear will have to be a larger part of our energy strategy, particularly if McCain is elected, NLR could eventually have the kind of run that other commodities have had.