/PL (platinum futures) and PPLT (platinum ETF) both hit their first price targets while I was out yesterday. As both the ETF & futures contract put in small divergent highs on the slight overshoots of those target/resistance levels, that would indicate a likely pullback before the next leg up. 120-minute chart of /PL & the 60-minute chart of PPLT below. Updates on the equity markets & some of the other recently highlighted trade ideas to follow.
PL 120m Dec 29th
PPLT 60m Dec 29th