Palladium, outstanding CoT and Seasonal
After having previously reviewed the positive seasonal aspect for Palladium (along with other metals, see below), NFTRH 690 presented (by way of CoTbase) the following CoT situation, which was in a no-brainer, contrary bullish setup at the last reading.
Palladium looks really good. Specs were way too long at the top and Commercials were very short. Today it is the opposite. I hold PGM stocks SBSW and GENM.TO (GENMF) but may re-think having sold the metal recently.
Here is the Palladium seasonal data from NFTRH 687, along with that of several other metals (graphs from Sentimentrader w/ my markups).
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