Turn what direction? Since EPD has already told everyone what its next three distributions will be and has moved up to about 10% above where it was last year; why should it really move much at all. PAA, SXL, and OKS are down recently on profit taking as they got a bit overvalued (in the 4% distribution area) after a sharp run up.
There is little reason for things to move up (interest rate concerns and continued low NG/NGL pricing w/ethane rejection) or down (fixed fee contracts and hedges in place along with a huge building program). Really no news. When the BOD gets to their August or September meeting and vote on an annual extra distribution, we could then have a bit of upward movement.
Could get a bit of buying into the distribution and selling afterward but as a holder, i do not care about the daily movements very much. Neither do most of EPD holders.