8 www.resourceworld.com
F E B R U A R Y / M A R C H 2 0 2 0
F
riday, December 13, 2019 was a day that I feel may have sig-
naled a significant change in direction for the TSX Venture
Exchange. To recap – December was shaping up to be just
another of many lacklustre months in what was, for the most part,
another disappointing year for the world's premier resource index.
The Venture Exchange had, since mid-October, been trad-
ing at or near a multi-year low of about 540 – which was pretty
much the same level as where it was when the year began. And,
except for a New Year's rally that saw the Venture rise in March
to a first quarter high of 641, the Venture slowly gave back those
Junior Mining turnaround underway
SUBTLE SIGNALS IN VENTURE EXCHANGE TRADING ACTIVITY AND TECHNICAL CHARTING IN
DECEMBER 2019 INDICATE A COMING RECOVERY THAT APPEARS TO BE GAINING STRENGTH.
by Rod Blake
