Cotton Prices Hit A 9 Week High

18 Apr in Blog, Cocoa futures, coffee futures trading, commodity consultation, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Cotton Futures--- Cotton futures in the July contract are sharply higher this Monday afternoon in New York currently up 220 points trading at 62.20 hitting a 9 week high as I have been recommending a bullish position from around the 59.00 level and if you took that trade continue to place your stop loss below the 10 day low which stands at 58.23 which is 400 points away or $2,000 risk per contract plus slippage and commission from today’s price levels.

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