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TFC Commodity Trading Forum

Re: PA-lladium *PIC*
In Response To: Re: PA-lladium *PIC* ()

and up and up and up...wow...what a bull market this pig has been in.

To call a top in a market like this before there are some definitive turn indicators is a fool's errand. But, just for fun...price has blown through all geometrical horizontal latitude lines...homage being paid, I'm sure, only detectable on the sub-day charts...hourly or less...until now where it seems to have halted, temporarily as it could be, at the 240 degree point.

The major demarcation point it left from...90 degrees...360 trading days ago. It has moved 150 to the 240. That creates a trendline rising at a rate of 2.4 per day. Interestingly or not...a trendline of 2.40 with price at 240...any significance. Who knows.

At any rate...just thought I would put the daily up here cause it looks cool...a better story might be told by the weekly chart...next.