CFDs on Palladium (US$ / OZ)
Short
Updated

Palladium

565
1Y
RSI is turning down and reaching overbought.

5Y
RSI is trending down.

ALL
RSI is trending down.

(Ignore MFI)

Prediction: I believe we will see a drop towards $1,600.

For my educational purpose, not to be used as financial advice.
Note
Falling lower.
Note
Did anyone else catch that 50% sell off yesterday? It hit the 870s.
Note
Going to continue down to around $1,000.
Note
Once $1,000 is hit, it will likely go lower towards $500.
Note
Bullish in this area.
Note
5 Year Stoch RSI is now bearish. It will continue down.
Note
Remained in the range it has been in for the past few years, but original idea is still in play.

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