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

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

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