Rolling And Bouncing

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Good trading all.

Steve Chapman, TRI


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2 comments on Rolling And Bouncing

  1. marco seta
    March 26, 2014 at 5:30 AM (4 months ago)

    Hey Steve,
    what do you think about Palladium? Lots of interest in many boards. While gold may have topped at 1395 2 sunday nights ago, palladium seem to have had a DCL last week and now after a breakout at 750 and getting to 800 , it seems it wants to fill the breakout gap. In your wave it seems we had an impulsive wave 1 and now a wave 2 down to shake out people and we may see a wave 3 up when it gets close to fill the gap. That is my take, where would you buy if that is true? Looking forward to your answer.

    • Steve Chapman
      March 26, 2014 at 5:45 AM (4 months ago)

      I think it has a very nice chart but that there is also some Russia involvement pushing it higher. It is a weird thing to invest in from an ETF perspective, so that is why I haven’t jumped on it.