Platinum: Substantial CTA Selling Activity Expected Over Next Week – TDS

Platinum markets have the most extreme asymmetry in algorithm flows expected next week, notes TDS macro analyst Daniel Ghali.

A window could be opening for large-scale sales activity

“The window for large-scale selling activity could be opening, with a large drop potentially catalyzing a massive -50% shift in algorithmic positioning, while an equivalent rise would only trigger marginal buying activity.”

“Even in a flat market, we expect substantial CTA selling activity over the next week, with algorithms set to sell up to -20% of their maximum size over this period. This scenario strongly favors a continuation lower over the next week. week.”

Source: Fx Street

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