Take physic, pomp

Palladium has topped out

Ballistic, exponential* price move in issues are rare for sure, but they happen. And when they do, they almost always end the same way:

1) Initial run
2) Acceleration into blow-off top
3) Top arrives as mainstream media pays attention
4) Drop, recovery and then a struggle to revisit the previous high
5) Waterfall drop
6) Then death

Here’s a palladium chart:

Today is point number 5 of the six. Take profits, people.

*That word!

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