The AMEX Biotech Index ($BTK) made a strong move off of the 200 day moving average. The index is currently at 753 (up from 719 on March 12). If the Biotech Index can now break through the 50 day moving average at 757 it would be a confirmed bullish breakout and signal that the Biotech sector is set to move toward the highs set at the first of the year.