Over 50% of PALLADIUM supply (and its congener, PLATINUM) is used in catalytic converters,
These convert up to 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide & nitrogen dioxide) into less harmful substances such as:
nitrogen, carbon dioxide and water vapor.
Helpful information about PALLADIUM vs PLATINUM in the car manufacturer market:
seekingalpha.com/art...num-demand-and-price
As a primary metal for the automobile industry, particularly in the USA - I believe it's accurate,
To say that PALLADIUM is providing a historical evaluation of economical progress in the United States.
The main methods of transport (Cars, Trucks, Tractors, etc.) are huge driving forces behind active commerce.
Manipulated markets (E.G. Dow Jones, S&P500) do NOT provide correct valuations regarding economical progress,
To my knowledge, PALLADIUM adjusted to natural fluctuations as they should appear (without FED interference).
Based on bearish sentiment, I expect PALLADIUM to drop to $1,100 & below (alongside #DJI),
This is roughly 50% from its previous fibonacci support level as shown in the chart above.
Upon further decline, our estimates for opportunities can be more precisely measured:
i.pinimg.com/origina...e00cce1f89e6689f.png
Bull Trap has been displayed - Entering return to "normal" phase:
static.seekingalpha....365862508_origin.png
These convert up to 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide & nitrogen dioxide) into less harmful substances such as:
nitrogen, carbon dioxide and water vapor.
Helpful information about PALLADIUM vs PLATINUM in the car manufacturer market:
seekingalpha.com/art...num-demand-and-price
As a primary metal for the automobile industry, particularly in the USA - I believe it's accurate,
To say that PALLADIUM is providing a historical evaluation of economical progress in the United States.
The main methods of transport (Cars, Trucks, Tractors, etc.) are huge driving forces behind active commerce.
Manipulated markets (E.G. Dow Jones, S&P500) do NOT provide correct valuations regarding economical progress,
To my knowledge, PALLADIUM adjusted to natural fluctuations as they should appear (without FED interference).
Based on bearish sentiment, I expect PALLADIUM to drop to $1,100 & below (alongside #DJI),
This is roughly 50% from its previous fibonacci support level as shown in the chart above.
Upon further decline, our estimates for opportunities can be more precisely measured:
i.pinimg.com/origina...e00cce1f89e6689f.png
Bull Trap has been displayed - Entering return to "normal" phase:
static.seekingalpha....365862508_origin.png
Comment:
Palladium at $2,326 - Bull trap.
Comment:
Past thoughts were wrong, the fast dip/recovery in March appeared not to be the correct display of our previously assumed bulltrap.
Comment:
Cancelled. Stock market has reversed.
Order cancelled