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S&P 500 Index
Short

Palladium an Indicator for S&P500?

By zefrum
Palladium is used in chemical processes and in catalytic converters for gas and diesel road vehicles. So it would stand to reason that when Palladium price moves, and being such a thin PM market, it would indicate the direction, rather well too, of the risk assets of the companies that consume the metal.
Beyond Technical AnalysisFundamental AnalysisPALLSPDR S&P 500 ETF (SPY) Trend Analysis
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