is the bear dead??sometimes we need proof that the trend is changing, Precious Metal shares have been in bear market since early 2011. the sector that endured the worst losses were the junior gold explorers especially those traded on the venture exchange. so in this bottomless pit we call a bear market we look for signals that the trend may be changing. the signal i will focus on is the 200dma. The venture exchange is approaching its 200dma. it would be very EXTREMELY bullish if it succeeds in break above this resistance. This resistance then becomes support and it can be traded on. and the logic is simple. if the worst of bread exchange that was decimated by a bear market finally turns bullish then setiment has reached an extream and the bear market has ended in PM mining shares.
VENTURE APPROACHING 200 dma!!
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