Archives

Metals – October 20, 2024

gray and black abstract artwork

gold and silver approaching/ at KEY sell patterns. The “p’s” looking like they are getting to run higher – Palladium and Platinum

Read More

Metals – September 21, 2024

person in welding mask while welding a metal bar

Across the board, the metals are hitting big sell signals. As is the case w/ PATTERNS, we really DO NOT know which ones will work and which ones won’t … but when they all pretty much lineup like they all are now, then something ‘big’ usually occurs. Mind you, the ‘big’ can be PATTERN failures […]

Read More

Palladium – approaching key level … important to NASDAQ

last post on Palladium: https://atomic-temporary-44460632.wpcomstaging.com/2021/09/28/keep-an-eye-out-for-palladium-in-the-lower-blue-blox/ as you can see, Palladium is tracking down into our level ID’d above back in September. additionally, you can see that they track each other pretty nicely. it’s NOT exact but the general trend and flow is pretty much the same… during this sell off in Palladium, the NASDAQ 100 […]

Read More

keep an eye out for Palladium in the lower blue blox

last post on palladium: https://atomic-temporary-44460632.wpcomstaging.com/2021/09/21/palladium-and-the-dead-cat/ note, Palladium did not take out the low from a couple days ago BUT sure does look like a dead cat bounce . that being said, corrective forms are usually 3 waves so perhaps we go up again to finish off the correction or we just dump lower from here […]

Read More

Palladium and the dead cat?

last post on Palladium: https://atomic-temporary-44460632.wpcomstaging.com/2021/08/22/important-correlation/ think about it … went to a long term Palladium chart and was able to calculate the low of 80 ish in Jan 1991 (yeah, 30 years ago) and then figured it was close based on the sell off .. well we hit it and YAWN HO HUM I would […]

Read More

Important Correlation

chart below has Palladium w/ the NYSE Index overlaid on top. the candles are Palladium and the blue line is the NYSE Index ($NYA) note, currently, Palladium is correcting pretty steeply … in the past, this has led to the overall stock market to correct also. is this time different?

Read More