Future Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
PALLADIUM Jun 2018 (E) (NYMEX:PA.M18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PA.M18.E
The long term trend has been DOWN since Feb 8th, 2018 at 966.75
The intermediate term trend has been DOWN since Jan 30th, 2018 at 1064.80
The short term trend has been UP since Feb 12th, 2018 at 978.20
Smart Scan Analysis for PA.M18.E
Based on a pre-defined weighted trend formula for chart analysis, PA.M18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1119.4||Contract High Date||2018-01-15|
|Contract Low||790.4||Contract Low Date||2017-05-15|
|Estimated Volume||417||First Delivery||2018-06-29|