MARKET TALK: LME Lead Looks Vulnerable To System-Selling

LME lead may fall victim to further system-driven selling with the market looking technically weaker after a sell-off Tuesday, a broker notes. Trade buyers are sitting on the sidelines and much will depend on whether they enter as bargain hunters on these lower numbers, he adds. LME lead trades at $1,575/ton, steady overnight but still down 2% from Tuesday.