Joining its friends in the commodity and precious metals complexes, the daily Palladium chart is starting to get bearish as if on cue, after reading this article at Kitco.

Aside from instructing that the 50 day moving average is a place to bet against Palladium for those who wish (we’ll call this a public NFTRH+ style highlight, without the other parameter details), the “major uptrend in 2014″ that the article talks about is busted.

Macro geeks like your writer will be using Palladium in relation to Gold going forward as but one tool among many in gauging the macro.  After all, that’s where the real interesting stuff is, as opposed to any single asset class in my opinion.