TSX-Venture Set To Finish Dismal 2015 With Win Streak

The TSX-Venture Composite Index is on a 7 session win streak with one day left in a year which has seen the resource heavy index shed more than 30% in the 5th year of a vicious bear market:

 

TSX-V (Daily)

CDNX_Daily_12.30.2015

If the Venture ends the year with another positive trading session it will equal its longest win streak of the year. It is also fitting that the index is testing an area of previous support which also coincides with the falling 50-day simple moving average (~522).