GM and Palladium: Interesting chart

We have a sizeable spread in $GM vs $XPDUSD currently, and price is trending up strongly in daily and weekly $XPDUSD.
If price breaks into new highs here it could be flashing a strong signal for auto stocks, so I wouldn't be shocked to see $GM gain steam from there onwards.
I'm currently long $GM with 10% allocation and no stop loss, but also no leverage. Looking forward to see the outcome of earnings.

Cheers,

Ivan Labrie.

การซื้อขายยังคงดำเนินอยู่:

$GM long in good profit, 0.4R so far.
I'm looking to add sub 31.87 ish.

$XPDUSD broke out into new highs, spread between the two instruments reached critical mass I believe.