astroobserver

Palladium : "no holds barred"?

Short
astroobserver Updated   
TVC:PALLADIUM   CFDs on Palladium (US$ / OZ)
Labelled short out of Caution. But seen to be still rising, accepting that the current physical to pepper ratio is a squeeze. is the current situation an unresistant sirens song?,

Details:
The current texture IS different since 19 Feb '19, 23:00. The jag rising into Orange horn , rooted 15 Jan '18. AND above of the Horn rooted 18 Jan '19, 05:00 .

The horn rooted 23 Nov '18, 14:00 was tested 18 Jan'18 and again 20 Feb '19

All that implies that the Palladium Jag is hear the call to rise further.

The only resistance is a local 'abola Rooted 15-20 Feb '19; Arching over the very previous local rally. Dashed Blue. The lower bound of that horn does provide support for a descent off its exuberant heights, back onto the Purple channel, rooted 14 Aug '18. That is In fact the origin of the current spectacular rally: B ( ) channel in the Trifoil Chart ( it looks grey , close up , due to the overlaid colors)

Platinum is a safer Bet! It IS responding to the global financial turning. less risk, more percentage gain.

In the local grain, The height of the candles suggest a tug of war between sellers and buyers. The Breach into orange hints of the buyers controlling the price. Clearly the Black parabolic horn rooted 18 Jan '19 would be more sustainable , but not for long. i too, steepens quicker than is prudent.
Comment:
YUP! There it goes, irrational heights!
Comment:
It looks now as a shallower climb along the edge it is on
Comment:
Seeing is believing. the price action obeyed the subtle local 'abolas ? How? why? i a sense, who cares. the system is yielding a better map of the territory 48 Hrs forwards and of the overall climate.
Comment:
looks like a top

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