September Palladium is building out a bullish Shark pattern. A downside target of 845.90 might be Wednesday's play. If this can be achieved 827.20 would be a secondary target. Bulls may make another play for 890 or above before another move downward though.
Comment
⋅
Palladium looks unstable today Tried to move higher for a double top, which is still in play. Doji is signifying an uncertain direction and possible end to the upside.
Comment
⋅
Bulls made play to double top. Creating a spinning top signifying a possible end. Watching for confirmation.
Comment
⋅
Palladium continues downward and has a lot of support at 845.15. Must break this and stay under for play to 797.
Comment
⋅
Palladium is starting its move down. Downside target 827.10