Zinc compression...straddle signal
Zinc: the Bollinger Bands (red lines) are into an historically narrow width. When this occurs, it typically signifies that a market is about to break from its current trading range. One way to express this condition, as a trade, is to buy the at the money straddle with 4 to 6 weeks of time. This study does not predict direction, but can also be used as a pressing point if directionally passionate. Essentially, it is a delta predictor. Prior signals highlighted via purple vertical lines.
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