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rdulep
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President of TIRA Group (www.TIRAGroup.com) and independent investment advisor doing business as FXA USA (www.FXAUSA.com) focusing on technical strategies in the Forex market. Series 3 licensed and registered as a Commodity Trading Advisor / Commodity Pool Operator (CTA/CPO). Graduate of De La... More
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  • Pd On The Verge Of Correction? 0 comments
    May 12, 2014 2:14 AM

    Floating at the current rate of $800 per ounce, Palladium quietly creeps up the charts into multi-year territories. But with two 100-point scalar levels untested (500 and 700), this catalytic chemical may soon face a harsh global sell-off totally unrelated to both metals and equities fundamentals. A pure and technical play, indeed. Why, it would be a black swan if it creates another 100-point scalar top. And even if it does, a squeeze-reaction could definitely yield a high probability expectation. SEE CHART HERE.

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