How Low Are Cotton Prices Going ?

16 Jun in Blog, Cocoa futures, coffee futures, commodity trading, cotton futures, Mike Seery, orange juice futures, seeryfutures, sugar futures

Cotton Futures--- Cotton futures in the December contract are trading lower for the 6th consecutive trading session as I recommended a short position around the 71.85 level and if you took that trade place the stop loss above the 10 day high which now stands at 73.19 as the chart structure is poor due to the fact that prices have absolutely collapsed over the last week.

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