Palladium vs. Copper

31.12.2010 - 1.81

 
Buy-signal still active.

 

Indicators:

RSI: buy-signal when rising above the (red) resistance & sell-signal when breaching the (green) support.

 

ATR: correction resp. strongly decreasing volatility since breaching the (green) support at approx. 0.06.

 

ROC: buy-signal when rising above the (violet) resistance & sell-signal when breaching the (blue) support.

 

MACD: sell-signal since both curves started to decrease recently.

 

AROON: with currently -48 points within the neutral- to buy-range. 

































 
 

26.11.2010 - 1.80

 
Buy-signal still active.

 

Indicators:

RSI: buy-signal when rising above the (red) resistance & sell-signal when breaching the (green) support.

 

ATR: the volatility increased strongly since rising above the (red) resistance, whereas a continuation is expected when rising above the (green) resistance at approx. 0.06.

 

ROC: buy-signal when rising above the (violet) resistance & sell-signal when breaching the (blue) support.

 

MACD: buy-signal still active

 

AROON: sell-signal since reaching the (red) resistance at 100 points.


































29.10.2010 - 1.73

 
The longer-term chart since 1999 shows the important rise above the upper (blue) trend-channel generating a longer-term buy-signal (sell-signal when breaching it).


















Buy-signal since rising above the (blue & orange) resistance - sell-signal when breaching the (orange) support.

 

Indicators:

RSI: new buy-signal since rising above the (red) resistance - sell-signal when breaching this new support, or when reaching the (green) resistance at 90 points.

 

ATR: a decreasing volatility is expected since breaching the (red) support.

 

ROC: buy-signal when rising above the (red & violet) resistance lately.

 

MACD: buy-signal since both curves started to rise recently.

 

AROON: with currently 88 points within the neutral- to sell-range.




































24.09.2010 - 1.55

 

During the last weeks a rise above the (blue) resistance was accomplished - however, it was breached thereafter resulting in a sell-signal. Next buy-signal when rising above the (blue) resistance at approx. 1.60, or in case of arrival & hold at the (red, green or grey) support at 1.45-1.50.

 

Indicators:

RSI: new buy-signal since arrival & hold at the (green) support - sell-signal when breaching it, or when reaching the (red) resistance (buy-signal when rising above it).

 

ATR: a rebound started at the (green-dashed & red) support, whereas a strong increase in volatilty is expected since rising above the (red) resistance at 0.04 (as long as no breaching occurs).

 

ROC: no significant change.

 

MACD: buy-signal still active.

 

AROON: sell-signal since reaching the (red) resistance.






























27.08.2010 - 1.49

 

During the last 2 weeks, the (grey) horizontal-support till the (blue-dashed) support was breached - however, a relatively fast rebound was accomplished having broken the (red) resistance just now & therefore generating a buy-signal (sell-signal when breaching it, or when reaching the blue resistance at approx. 1.58).

 

Indicators:

RSI: buy-signal since rising above the (green) resistance.

 

ATR: further decreasing volatility, whereat the currently reached (red) trendline acts supportive potentially providing support for a rise in volatility.

 

ROC: sell-signal since reaching the (red) resistance - buy-signal when rising above it, or in case of a correction to the (blue) support.

 

MACD: buy-signal since both curves rose above the (green) resistance.

AROON: with currently -24 points within the neutral- to buy-range.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 








 

 

23.07.2010 - 1.46 

 

In the last 2 weeks no rise above the (red) resistance was accomplished so that no buy-signal was generated (despite the shorter-term buy-signal since holding at the grey horizontal-support again). Sell-signal when breaching the (grey) support.

 

Indicators:

RSI: sell-signal still active.

 

ATR: still decreasing volatility.

 

ROC: no significant change.

 

MACD: sell-signal still active - buy-signal when both curves start to rise as potentially from the currently reached (green) support.

 

AROON: with currently -88 points close to the (green) support at which place a more definite buy-signal is produced.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

09.07.2010 - 1.50 

 

Sell-signal since breaching the (red) support at 1.50, whereas a first buy-signal is given when arriving at the (grey) horizontal-support, as long as no breaching takes place (next sell-signal). A more definite buy-signal not until rising above the (red) resistance & thereafter above the (blue) trendline.

  

Indicators:

RSI: sell-signal since breaching the (green-red) support. Buy-signal as soon as a rise above it occurs, or in case of a correction to the (red) support.

  

ATR: further decreasing volatility.

  

ROC: buy-signal since arriving at the (green) support staying active till the (blue) resistance.

  

MACD: sell-signal since both curves started to fall.

  

AROON: with currently -40 points within the neutral- to buy--range, whereat a more distinct buy-signal is generated at the (green) support.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

  

25.06.2010 - 1.54 

 

The close-up since 2005 shows the (blue) upward-trend-channel & that 2 breakout-attempts occured recently - however, not finding hold at the new support so that corrections started. After the most recent non-successfull pullback to the (blue) support, the ratio now trades at the (red) support that did not hold during the last correction & a depreciation to the (green & blue) support at 1.30 was the consequence. Thus, another sell-signal gets active as soon as the 1.50 level is breached. Longer-term buy-signal not until rising above the (blue) resistance at approx. 1.57.

 

Indicators:

RSI: with currently 50 points at the (red & green) support - hence, a buy-signal predominates as long as no breaching takes place (sell-signal).

  

ATR: the volatility is decreasing again since reaching the (green) resistance at 0.08 after a strong rise.

  

ROC: buy-signal when arriving at the (blue) support & in case of another correction to the (green) support - or a breakout above the (violet & red) resistance takes place.

  

MACD: buy-signal since both curves started to rise from the (grey & green) support.

  

AROON: see below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 




Between 2000-2009, the ratio moved within the (red) upward-trend-channel (i.e. copper performed better than palladium during this time). In early 2009, a breakout above this downard-trend occured, whereafter various pullbacks took place until the end of 2009, when a new upward-trend seem to have started. As soon as the upper (blue) resistance is broken & acts supportive a longer-term buy-signal is issued (i.e. buy-signal for palladium relatively to copper - meaning solely that palladium performs better than copper what also can occur during different rates of corrections by both prices).

Indicators:

RSI: buy-signal not until arriving at the (green & red) support.

 

ATR: a strong increase in volatility is expected not until rising above the (green) horizontal-resistance at 0.1, or in case of a correction to the horizontal-support at approx. 0.

 

ROC: sell-signal since reaching the (red) resistance becoming a buy-signal when breaking above the (red) resistance.

 

MACD: see above.


AROON: with currently 80 points close to the (red) resistance at which place a more definitive sell-signal is given.