TSX Venture has staged a robust advance from the lows near 880 in December to practically hitting 1,000 today with a last of 981.93, up 1.49. Where do we go now on a daily basis with the Granville OBV showing about a plus 18 in its current upfield? One would expect a slowdown but if the Index betters 1,000 and stays above it, many recent shorts in the juniors on this rally will be squeezed hard. Both the XAU and HUI Indexes have recently bettered their 50 day averages while outperforming gold on a relative strength basis.

Even Martin Armstrong is discussing the possibility of 1150 being the low in gold but is awaiting more proof.

http://stockcharts.com/h-sc/ui?s=%24CDNX