Saturday 27 February 2016

Palladium

My latest bearish signal for palladium was on 13 February 2016.Since then this commodity dropped 7.6%.However in the last 2 weeks I got a bullish signal for this commodity based on total number of new long contracts opened(2,011) vs net number of new short contracts opened(263).This means new long contracts opened for palladium outnumbered new short contracts opened by almost  8 to 1.As result I expect price of palladium to rally in the upcoming days/weeks.Check my trackrecord2016 file and my strategy on my free websites:http://futuresandoptions.wix.com/cotswingcharts 

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