Future Trend Analysis Report
Prepared for you on Sunday, July 23, 2017.
PALLADIUM Dec 2017 (E) (NYMEX:PA.Z17.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
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.Z17.E
The long term trend has been UP since Nov 17th, 2016 at 726.8
The intermediate term trend has been UP since Jul 19th, 2017 at 864.9
The short term trend has been DOWN since Jul 20th, 2017 at 851.5
Smart Scan Analysis for PA.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, PA.Z17.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||876||Contract High Date||2017-06-23|
|Contract Low||747.4||Contract Low Date||2017-05-22|
|Estimated Volume||168||First Delivery||2017-12-29|