TSX-V; An Important Market for the Times

It’s that old Canadian backwater, kicked to the curb since 2011. It’s the TSX-V. Why is AAU going up? Why are fellow crappers like the little silver bottle rockets I hold going up? Well, it’s not necessarily because of the ‘V’, but is sure does not hurt the case if Canada’s speculative playground gears up again.

The trends are down, but CDNX tentatively took the SMA 50 today and has had a bit of volume lately. RSI is positive, MACD has a decent look and STO is trying to take 80. Nothing is proven yet; it’s a downtrend. But if this thing flips bullish resource speculators would not help but to make money, beginning over there in the silver and gold patch and probably one day spreading out to the other more cyclical patches.


Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas. [Note: the subscription rate to the value-priced NFTRH service will increase near summer’s end, so if you are considering a subscription don’t wait to lock in the current rate]

You can also keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar and get even more by joining our free eLetter. Follow via Twitter @NFTRHgt or StockTwits.