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rdulep
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Independent Trader at FXA USA. Graduate of De La Salle University with a Bachelor of Science degree in Commerce, Major in Business Management. High School graduate of Don Bosco Technical Institute with an elective technical degree in Electronics Technology. Past employers include Security Bank... More
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FXA USA Market Analyses
  • 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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