Palladium and NASDAQ and AAPL Oh My ….

Palladium and AAPL and NAZZIE and XLK (tech ETF) – are VERY interesting right now.

  • Palladium – CLEAR 5 waves up ….
  • Note the charts below – while not exact they do trend the same and while at times leading and lagging each other, once they do turn they sync and roll.
  • Note, the XLK and PALLADIUM.
    • They are almost exact coming into the lows in 2003 and all the way up into 2008 and then down into 2009
    • The most interesting aspect is the big corrective move down in Palladium in 2011-2012.  Note how XLK paused and consolidated and then took off.
    • What’s happening now …?  Palladium has collapsed – big. And XLK has paused and held the highs … with XLK showing a clear 5 wave move up we might be on the verge of a big move in technology.  (hint hint: perhaps the target on AAPL is a BIG LOW and off they go?)

Charts – check em’ out and draw your own inclusion.

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