Last Piece of Resistance In Way of More Upside for this Metal
Suggested buying Palladium on 3/5 due to what appeared to be a break-out from a flag/pennant pattern. At the same time, also suggested PAL which declined and force-stopped the position (as discussed in an email this was to be 1/4…...
Risk Unwind
I had a post earlier today suggesting exposure to risk assets has been in the process of being unwound, but one need look deeper than large macro indices such as the DJI/SPX to see evidence thereof. I present the ratio…...
Whistling Past the Graveyard?
I’ve shown an analog chart many times in the past ~month or so detailing historical examples of how the DJI has traded after it has managed to close a month at least 32% above its 48 month MA for the…...