Monday, September 13, 2010

Wave pattern is complete

We now have a completed wave pattern in Palladium. That doesn't mean the top is in, it just means minimum conditions have been met for a completed pattern. The spike could have been a blow off top, or price could still have a little more to go. Should know in the next day or two, and also if my wave count is correct. If so, a prolonged sell off lasting several weeks if not months should ensue. This also fits in with the topping action of the major indexes and other precious metals.

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