Palladium

 

by Rodin
November 22/04

Paliadium is nearly 2/3 thru a symmetrical triangle : BO in December?


The Measured Move should trigger this breakout....

Which in turn....

..will throw us at 560. There was real negative divergence before 1079, the apparent breakdown of MACD versus price breaking up is probably a fake. The main point about the blue triangles is the positive divergence of the MACD being symmetrical and the price falling. This 'breakdown' of MACD sets up the possibilty for an apex fly-past ...

Rodin

thecontrarianthinker


 


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