Monday, May 26, 2008
$CDNX - Weekly breakout
When I look at this chart I wonder how, given my heavy participation in gold & silver juniors, I have managed to maintain ongoing profitable performance. I must be a better trader than I think I am because the representative TSX Venture exchange is in a cyclical bear market since last summer. Gold, silver and other resources like uranium are being given away since global markets took the first shot of angst last August. Here is the $CDNX sporting a weekly breakout. End of the cyclical bear? No, but a good first step.