Why the recent lift in junior miners will likely continue.

You can see on the chart that there have been few occurrences of golden crosses over the past five years, with one in 2009 and another in 2011. Following these crosses, the index saw a spectacular increase.

The Canadian venture index holds 372 micro-capitalization securities that trade on the S&P/TSX exchange. It’s a resources-heavy index, with more than 80 percent of the holdings in the energy and materials sector. Making up the top 10 by weight are energy companies including Africa Oil, Mart Resources, Americas PetroGas and Madalena Energy.  Materials stocks such as Atico Mining, Balmoral Resources, Chesapeake Gold, Energold Drilling, Gold Standard Ventures, Rye Patch Gold, and Santacruz Silver Mining are also constituents.

Read More: www.mining.com/web/why-the-recent-lift-in-junior-miners-will-likely-continue-2/