Bear Market for Juniors at 22 Months, Reversal Near?

HOUSTON – The ongoing bear market for the smaller, less liquid and more speculative issuers in the mining and exploration biz – like the ones represented by the Canadian Venture Exchange Index or CDNX below – has now reached 22-months in duration. That’s a very long time for a bear market, folks.

The esteemed MACD has been signaling a positive divergence for quite some time, suggesting this is a market looking for a trigger to reverse course.

The current tax loss shopping season is, of course, a headwind, but that downward pressure will end very soon.

Page 1 of 3 >>
comments powered by Disqus

Market Data

Sponsored By:
Check out Resource Investor - Polls on LockerDome on LockerDome