Platinum breakdown

Platinum followed through on its MACD sell signal with a probe through $1500 today ($1483 was the low on the active April contract):

Source: futures-tradingcharts.com

-

I remain short PL and its nephew palladium.

I’ll write up sugar later if I get a chance, but check out its chart here.

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s