BullMarketRun   BullMarketRun.ca

A Daily, Vibrant Voice Focused on Speculative Opportunities,
Commodities, and Economic & Political Trends Impacting
The Resource Sector & Equity Markets
 

"Market-Trouncing Returns Through Unbeatable
Technical & Fundamental Analysis of Niche Sectors"

December 17, 2010

BMR Market Alert: Powerful CDNX Move Now Underway

11:15 am Pacific

We have now seen the lows for December on the CDNX, according to BMR’s technical analyst, and a powerful move that’s expected to take this market through a resistance band between 2150 and 2250 is now underway.  The action in the CDNX yesterday and today has confirmed this.  The Index is making a strong move to break to the upside from a horizontal trend channel.

As of 11:15 am Pacific, the CDNX is up 23 points to 2129 – within just 21 points of its yearly high. More over the weekend.

2 Comments

  1. Hey Jon, any idea of whats going on with GBB? Crazy price action, and im loving it!

    Comment by jeff — December 17, 2010 @ 1:23 pm

  2. The Wankers are moving in for the kill………..

    Comment by Black Bear — December 17, 2010 @ 6:17 pm

Sorry, the comment form is closed at this time.

  • All Posts: