Lead Futures price seems ready for a break out from “Consolidation Zone” to “Upper Consolidation Zone” during the Week of September 24th, 2017 amid growing geopolitical concerns and massive destruction caused by Hurricanes and thereafter by high scale earthquake recently.
On analysis of the movement of Lead futures price on September 23rd, 2017 in the same chart pattern, which I noted in my last analysis, I conclude that the Lead futures price seems ready to move upward during the forthcoming weeks after consolidating in a highly volatile manner. I present an expected propositional trading zone in the same chart pattern in different time zones. Opening on the first trading session of the Week will confirm the final directional move of the Lead futures price.
Have A Nice Trading Time. Good Luck!
Disclosure: This content is for information and educational purposes only and should not be considered investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital you are prepared to lose.
