Hello and welcome back to WCTS Spotlight
Palladium prices have fallen more than $200 from their panic peak in Late 2007. Suggesting further weakness, price broke an important consolidation area two weeks ago and continue to suggest further price weakness going forward. The diagram above suggests a target at or slightly below $300/oz. Other metals too have bearish chart patterns working suggesting the entire complex may move appreciably lower over the coming weeks and maybe even months.
That's all for this inaugural issue of the WCTS Spotlight,
Brian Beamish FCSI
the_rational_investor@yahoo.com
http://www.the-rational-investor.com
Palladium prices have fallen more than $200 from their panic peak in Late 2007. Suggesting further weakness, price broke an important consolidation area two weeks ago and continue to suggest further price weakness going forward. The diagram above suggests a target at or slightly below $300/oz. Other metals too have bearish chart patterns working suggesting the entire complex may move appreciably lower over the coming weeks and maybe even months.
That's all for this inaugural issue of the WCTS Spotlight,
Brian Beamish FCSI
the_rational_investor@yahoo.com
http://www.the-rational-investor.com
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