Bollenger bands are the tightest they have ever been since the inception of this small cap market Index. Looks like it has a good runway to take off. My outlook is still positive as long as the broader market bullishness continues.
This Canadian index is full of precious metals, like gold and silver miners, cannabis stocks and commodities based resource stocks. It has been consolidating for quite some time as you can see... Looks to be breaking out now. Could be a good idea to find some decent picks in this index to go long over the next year or two.