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