John provides a pre-market updated chart for the CDNX which has been rallying strongly since hitting an intra-day low of 1306 Tuesday…
Author: BMR
A market rally that should not be trusted continues…
Selling pressure has abated in Gold and RSI and Stochastics indicators show that upward momentum is increasing according to John’s new 6-month daily chart…
The CDNX is moving sharply to the upside this morning out of oversold conditions, but this has to be viewed in the context of a rally within a bear market…
More trouble is on the way as the CDNX’s 300-day moving average (SMA) reverses to the downside…
Politicians and governments have become investors’ worst nightmares, and the latest opinion polls suggest the socialists in Ontario (who are also no friends of the mining industry) could acquire what would essentially be a “veto” over that province’s economic and environmental policy…
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A review of VGD, CQX, ABI, VGN and SD…