Cotton futures (Apr. 8 view)

US cotton needs to do more to confirm a rounding bottom on the hourly. Always use a stop-loss when trading!  

COTTON outlook on September 11, 2014

Cotton December futures rebounding this week from multi-year support levels. Nest resistance @ 67.72 (August high) and 68 (mid-July consolidation area). If these are exceeded, there may be more upside to come after the epic fall of the last quarter. Multi-day support @ 65.90, 64 and 62. COTTON, DEC14 futures daily chart: Chart courtesy of […]