As a world-renowned investment manager and financial market expert, I am here to bring you the latest insights into the platinum market. According to TDS senior commodity strategist Daniel Ghali, there is a notable shift in the balance of risks for CTA positioning in platinum markets.
Ghali notes, “Markets expect CTAs to continue covering shorts in platinum markets this session, but the balance of risks has now shifted to the downside. Barring continued strength in prices, we expect CTAs to return to the offer with large-scale selling activity expected over the coming week, even in a flat tape. And, a big downtape could spark massive CTA selling activity totaling up to -50% of the algos’ max size.”
He further adds, “While there are still some scenarios for the coming week that could result in continued buying activity from algorithmic trend followers, the set-up for flows is already pointing to extreme downside asymmetry.”
As an expert in the financial market, I analyze these trends to help you make informed decisions about your investments. It is crucial to stay informed about market shifts and potential risks to protect your finances and assets. Stay tuned for more updates on the platinum market and how it can impact your investment strategy.
Remember, knowledge is power when it comes to investing wisely.