A potential “hammer” reversal is forming on the CDNX today…
Month: March 2011
The CDNX has broken some key technical support and while 2200 could hold for now, the risk of a bigger drop has increased…the good news is that the overall technical health of the CDNX is such that this correction must be interpreted in the context of an ongoing bull market…
The CDNX has not been able to hold support at critical levels, suggesting a significant correction is now underway…the next major level of support on the CDNX that is likely to be tested is 2200…
The CDNX is getting hit hard this morning but is now resting just above an area of very strong technical support…
The CDNX is in the midst of another one of its corrective pullbacks…
Gold Bullion Development rebounded during the day today after hitting its July, 2010, low as bargain-hunters focused on the fundamentals stepped in…
The current pullback in the CDNX is entirely consistent with others we’ve seen in recent months…
The fundamentals haven’t changed regarding the Granada Gold Property which continues to have a golden future as Jon details in this special piece…