This chart is again more Gann Fan study. The chart is composed of more fans than I care to explain. However , the important thing to be drawn from this chart is the purple band. I know I could just draw a trend line and be done with it but the fans really give a visual representation of what a trend line really is and also help one judge the strength of that trend...
More fan fare with this one. From a distance it looks real mess but within the web there appears to be a method to the madness. Looking from a distance we have the the two major Fans on the far left of the screen. One projecting up and one projecting down. Currently palladium price is wedged between the last two angles of these fans. Next there are two minor fans...
Historically the price Palladium has followed the auto industries lead. However, the recent drop in metals has created a divergence in palladium and one of the underlying consumers Toyota manufacturing. To be fair , Japan's move to further devalue the yen played a role in this gap too. But looking at other car makers, we can say the divergence between Palladium...
A day of days among metals. As this chart illustrates, most of the metal group has little, if any, recent support at current price levels. However, there is one exception. Let's see how it plays out.
In this chart I am comparing a couple of indicators in the last bull run in Palladium with what is happening now. These indicators are pointing to a move north in the commodity soon. Positive moves in the commodity occur when crossovers in the MACD coincide with Fisher indicator bouncing off upward trend line. For an added bonus, volume has been really escalating...
This is a chart of palladium with some recent breaks to the upside highlighted and the palladium play PAL at the bottom. I would like to thank JR for showing me this play. Not sure this is the big one but a move north it is. Looking back crossovers in the MACD have usually lead to big moves in this metal. We have a crossover now and PAL is following with a...
