Definitely tentative, but there are some positive signs for the juniors. The daily chart shows positive MACD & RSI divergences for the October, May & June lows, and today's close was above the 20 EMA. Also, Venture is finally starting to peak above its downtrend, which has been in place since February.

It can be argued that because of the light holiday week trading, the significance of all this is dubious. Still, the recent behaviour of the gold stocks and other risk-on assets makes me think the 2012 low is finally in for Venture. Not expecting a rip-roaring rally just yet (that may be in the cards later in the year), but I think it's getting safer to enter the water (the sharks appear to have completed their feeding).

Any near-term pullback would be a buying opportunity methinks - as long as Venture does not violate its June low (in that case, please ignore this post, lol).