nick.holland78
Long

Palladium - Daily

NYMEX:PA1!   PALLADIUM FUTURES
22 0 1
I'm long PALL ( etf ) from 61.20.
White count, while valid, is suspect given the deep wave 4 (below the 61.8% extension). I've added the blue count--a variation of sub-divisions in wave (3) with much higher targets.
Given the rally stalled at the 100% extension off the lows, then failed to hold the 61.8% extension, I'm not sure the full impulse will play out to (5) or whether some kind of corrective move higher might be operative. Regardless, holding long for now with no complaints.
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