littleriver

The pasture is greener ..........

NYMEX:PA1!   PALLADIUM FUTURES
205 9 0
.............. on the other side of that line. Where's a bull when you need one to show the way?
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Decision time again.
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looks like a nice bear flag, price might fall to 600-620.
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I have the same lower target should it go that direction. Next week may hold the answer.
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Excellent collaboration going on here
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littleriver QuantitativeExhaustion
I agree, I appreciate the everyones input. Thank you.
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Looks like another fall coming in the metals
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Yes, it certainly looks dark for metals. However, I do see a slim chance this one may yet finds it's way north. The next couple of trading days will be telling. Here is a look at the monthly. I have added a couple of possible near term targets. As this chart demonstrates, the risk is greater than the reward but the path of least resistance is with the reward. Thank you for your feedback.
snapshot
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Leclaireur littleriver
Also last candle is a bearish engulfing one.
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littleriver Leclaireur
The last candle is still forming on the monthly chart. Two trading days left in the month. That is why I see the next couple of days as important. We will either seal the bearish semtiment or raise some doubt with a positive move. In particular, a move above 720 could be seen as bullish. Still a bearish engulfing candle , but one without the conviction we have now.
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