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Chart of the Day - Friday, March 4th, 2022

March 4, 2022

Today’s Chart of the Day was shared by Andrew Thrasher (@AndrewThrasher). It's a daily candlestick chart of the Palladium ETF, $PALL, since the start of 2021. Yesterday, we saw Copper join the party in Commodities, and today we're seeing Palladium do the same. Both Palladium futures and this ETF broke out to all-time highs today for the first time since last May. As you can see, it's built a large base over the past 10-months to launch higher from. As a side note, you may want to secure the catalytic converter in your car, as theft for these items is spiking along with the price of Palladium!