Replies to post #46639 on Abet Chichi2 (Chichi2)

[chichi2]

Palladium ETF PALL & Stock PAL analysis by Chi2

Chi2 likes to trade PAL.

Palladium is a commodity and mostly acts as such.

PALL as the Palladium ETF most actively flows the London fix pricing. PAL as a mining stock tends to follow the traders moods and tends to adjust ahead and behind the PALL.

Right now, PAL is still moving on positives, while PALL is showing some deterioration. Neither PAL nor PALL is in any trouble at this time. However, they are extended.

PAL & PALL are far far better charts than SLV and GLD.






The two 60min charts below are comparison charts, each has both PAL AND PALL.

PAL & PALL tend to stay roughly in synch. PAL will tend to follow PALL on down trends. Right now PAL 10dma and 20dma have not crossed over. PALL 10dma and 20dma have crossed over showing t has deteriorated. On both charts we can see PALL has turned down, PAL has not. I would expect PAL to follow PALL soon unless PALLIDIUM in London fix moves higher.