Saturday, October 12, 2019

#Palladium Review $PALL

Palladium Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Palladium's overall trend, revealed by trends of price, leverage, and time, defined and are discussed in The Matrix for subscribers.

Subscriber Comments

Primary trends are not simple moving averages. They're not squiggly lines on charts generated from classical TA patterns. They're defined by the alignment of price and volume and driven by time. Upside alignment of palladium's trend have been highlighted green (see chart).

Most investors generally ignore volume. Those that use it apply arcane rules that cannot be repeated without guessing. The Matrix reports upside alignment of price and volume for the daily, weekly, and monthly trends. When all three times frames agree, the composite trend is defined as Triple UP. Triple Up composite trends are powerful. They don't care if there's a bearish consensus. They either exist or expire.

Bears will continue to lose until the primary trend flips. It's that simple.

Palladium's Primary Trend

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.