Why am I long on Palladium? - The majority of palladium supply comes from Russia and Ukraine, and with current economic conditions, a supply shortage (aka price increase) is likely. -Inflation is out of control in. When almost every other country's currency bleeds against the US dollar, this is not a good sign. Precious metals to the moon! - A bounce off the long...
Tech go BOOM! if no war in Russia or bad FOMC, there could be a nice uptrend. Will see resistance at red rectangle but theres a chance of a breakout.
Despite the current resistance/sell pressure, I see some upside in the near future.
NASDAQ Broke Neckline. Expecting a retest of previous lows
Expecting a retest of the Dow Jones Bull Market Support Band
I love bitcoin, but it looks short term bearish. Time to accumulate!