On analysis of the movement of Lead Futures, I find that the reflection of growing indecisiveness due to escalating concerns for tariff trade war is evident enough for raising of unexpected directional moves in Lead futures during the upcoming week. Lead futures look ready for a steep reversal from the current level. Amid the growing geopolitical concerns for tariff trade war, even a single positive step would provide strong boost to Lead bulls to go long. On analysis of the Lead futures in different time frames, I’ve found some advance signals of eruption of a strong technical bounce in Lead futures during the upcoming week. I find that the Lead futures are likely to leap upward soon. I expect the following trading zones for Lead futures for the Week of July 22nd, 2018. To understand the following charts in detail subscribe my YouTube channel.
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