Lead’s Consolidation Completion Evident For Leading

 | Mar 18, 2018 03:36AM ET

Since my last outlook at Lead futures price on March 11th, 2018, on analysis of the movement of Lead futures price in the same chart on March 17th, 2018 , I find that the Lead futures price looks ready for an upward move. Consolidation phase looks to be completed, and the current level is evident enough for a strong uptrend ahead followed by short covering rallies. Expect a propositional trading zone for the week of March 18th, 2018.