And Still da ‘V’ Keeps Motoring

Let the US dollar bounce, let Treasury yields pull back, let the global reflation trades take a hit… and still, the TSX-V continues upward. On the daily chart, at least.

Daily: It’s robotic up, after taking out the moving averages.

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Weekly: Here comes resistance, followed by more resistance.

Monthly: Aye aye aye, that’s a lot of resistance traffic to clear if this is going to indicate a real, pervasive, speculative reflation trade.

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