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Message: Canadian Venture Index has bettered 1,000

CDNX 1021.91 UP 0.25

Although the Index has been strong the past few weeks, pushing through 1,000 is significant as the general area is pivotal. It generally stopped a long decline with some days beneath it but recently is flexing its muscles. Some backing and filling may be in order, even below this area, but generally it is holding up establishing a floor, IMO, to launch an advance over the months ahead into the 1,400 area. If Probe just keeps up with the anticipated advance of the Index it coud easily gain an additional 40%.

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

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