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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (45295)6/6/2008 8:13:44 AM
From: TheSlowLane  Read Replies (1) | Respond to of 60899
 
There aren't that many indexes for junior mining/natural resources stocks as a whole, so watching the TSX Venture is one way of getting a big picture view. It looks like the TSX-V is bottoming and turning up but it's still early, imo, to say definitively that it has turned. There are some positive indications, the 25 EMA has crossed up over the 50 and it's approaching the 100. I'd like to see support at the 100 hold here and a run at the 200. A sustained move above the 200 will be a welcome sight and will help "twist the ribbon" of EMAs so that they are ordered in a bull market uptrend alignment.