Will Dycom's blow out quarter lead to gains in the heavy construction group?

Dycom Industries reported a blow out quarter.  Maybe this can attract some investors to the heavy construction group.  If it does, one name i'm looking at from a longer term perspective is McDermott (MDR).  Here are some details via finviz.

You can see there was a heavy volume breakdown earlier this month that has somewhat paused this week.  If there are signs of reversal, it will be a great long term entry point, where longs of all time frames can prosper.  That said there are no guarantees this will work and it's currently one of the weakest stocks in the market.  I just thought this is worth pointing out.  

Here is the group chart.  We can see this index is likely to break resistance on this large move by DY today. It will also give a bullish MACD cross which would signal the start of a larger trend higher.  We can't count our chickens before they hatch though, note price and RSI resistance trend-lines just above current levels. 

Better looking names in the group include MTRX (mentioned here a few times this year and technically it's my favorite in the group) and LAYN as it quickly rejected lower prices and has reversed higher this week.  

You can view a few charts from the group here