Dear readers
US Cotton is trading in channel from last 9 months. This channel is marked by green upward sloping line..Green arrows are time which i have mentioned in advance of time to all of you..Also these time cycles have been proved right.
Red arrows are those highs which i mentioned that will be a top of Cotton crop in 2016 and proved right again. This is not any magic or whatever but time cycle which each and every thing has followed and will follow..
Now in last i have marked a red question mark…now one can see that Cotton prices are still trading above trendline and has not broken. So one can see this trendline will be broken by December end…
If Cotton price will not breach 74 cent in next 7 days then one can expect Cotton price will breach 65 cent which is this year Cotton’s crop lows…
donaldbradley.files....wp-1482483847996.png
Thanks…
US Cotton is trading in channel from last 9 months. This channel is marked by green upward sloping line..Green arrows are time which i have mentioned in advance of time to all of you..Also these time cycles have been proved right.
Red arrows are those highs which i mentioned that will be a top of Cotton crop in 2016 and proved right again. This is not any magic or whatever but time cycle which each and every thing has followed and will follow..
Now in last i have marked a red question mark…now one can see that Cotton prices are still trading above trendline and has not broken. So one can see this trendline will be broken by December end…
If Cotton price will not breach 74 cent in next 7 days then one can expect Cotton price will breach 65 cent which is this year Cotton’s crop lows…
donaldbradley.files....wp-1482483847996.png
Thanks…