PalladiumPalladium had a small up day today. Waiting to see if this flags bearish or bullish. Using the head and shoulders that might continue, suggesting bearish flag tomorrow and down Thursday and into Friday. Otherwise this market will continue to creep up. June Palladium in the same situation. by hopscotch113
PalladiumVery interesting market Palladium. Can make a lot of money fast, or loose it all. Been watching this for a couple of weeks now. If you don't know, Palladium is used in catalytic converters. Since the drop in oil prices for 2016, the car industry have seen an uptrend. 2017 may shape out that same way as there is too much anxiety that the OPEC agreement won't amount to much. Since Palladium is scarce, this market may continue to rise. March and June Palladium have been building out a head and shoulders pattern. Right now there is a bullish flag forming. Unlike other markets, this market produces textbook signals. At least so far. The grid is based on a $2000 dollar move. If you had the courage and money to play this market since September 30, you would have reaped $54,000 per contract. by hopscotchUpdated 2
bearish 3 driveresistance line - overplaying the industry need for catalysts . bearShortby topo54Updated 114
Palladium potential H&SWhile I'm generally bulled up on metals but palladium could be running into a right shoulderShortby GenghisUpdated 6
Palladium Continuation of UPTRENDCould reach 785 tonight, good continuation pattern, palladium has had an impulse then corrected itself now for another impulse.Longby WattaDOIN2
Palladium - DailyI'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.Longby nick.holland781
Palladium Bigger Picture Wait for the breakout, may be another few weeks. If breaks out may wait for the pullbackby WattaDOIN0
More upside potential?The decline from 747.50 (Aug 10) ended at 651.50 (Sept 16) and it does not look like 5-wave impulse Longby wsbzaUpdated 2
Still Long, Divergence for shortMay be a pullback in PALLADIUM, if comes down, may bounce off the trend line below and continue up. Longby WattaDOIN1
PALLADIUM Can go either way, if breaks to short could test structure, if breaks out long will go create new monthly highs.by WattaDOINUpdated 2
Potential Top Looks like the top is complete or we are very close to the top Will short if break the red uptrend channel note: a very clear extended blue wave 3, anticipate height equality between wave 5 and wave 1 Shortby wsbza4
Bullish on PalladiumPalladium has broken out of a monthly downtrend and is in a strong up trend. However, this move can end anytime. Potential targets could be the 1.272 and 1.618 FE. Following a consolidation, it should give another move up.Longby tushargupta19912
Palladium vs GoldLong palladium. Explanations on the chart. Another evidence for going long is in COT reports finviz.com Pay attention to commercial hedgers and how previous top/bottoms of palladium coincide with hedgers' bottom/top respectively. The good thing about palladium - it is not on radar. Your suggestions would be appreciated. Longby xiiimikUpdated 5
PA1. Palladium looks like a solid Buy optionPalladium futures are in a corrective Wave C according to my Wave counter. Broke Daily 200 MA and 200 WMA and looks like now have a clear path forward. Daily RSI may be slightly overloaded so there may be a short correction after the immediate ascending but the ending target of 680 figures looks very reachable. On fundamentals, Palladium hasn´t forwarded the Gold rally therefore has a similar or bigger room to run. Also, looks like there may be a temporal shortage of a supply for this metal: www.metal.com Buy: at current levels SL: 580 TP1: 620 TP2: 650 TP3: 680Longby captain_smollettUpdated 115
Elliott wave analysis on PalladiumPalladium is in wave 5 down. From EW analysis the wave 5 does not complete yet. The price will meet high resistance at 539.2~565.6. If the price rejects from this resistance area, open short position. Open position when it reiects. SL at 573.9 TP at 451.5 If the price does not reject from the resistance area, this analysis will be invalid. Good luck for everyone!Shortby zhipengcfel6