Palladium Review For Thursday, Sept. 19
Palladium provides another classic example of bearish energy build slowing the primary trend. Similar and early that gold's bearish build, palladium's DI = -67%. This warned disciplined traders that a reset of the daily trend was probably as early as last Friday. This warning, currently playing out, has yet to flip palladium daily trend. Like gold, investors should not view the low DI reading as a precursor to a bear market. It might happen, but we're still a long way away from triple downside alignment.
Palladium DI
Disclaimer: Content provided by Eric De Groot is intended as general information and not specific recommendations. Individuals are responsible for their own investment decisions. Past ...
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