This water ETF has cleared a 2 1/2 month base and looks poised to move higher provided the markets lead the way. I believe this is going to be an important sector to pay attention to going as the world continues to grow and water demand increases. This is one sector that truly is recession proof as everybody has to drink. I follow Jeff Mclarty on twitter and he does quite a bit of useful research regarding this sector and is very passionate about it.