tradingformoney

COTTON kumo break, chikou under cloud, kumo twist is forming

Short
ICEUSA:CT1!   None
0
Cotton is beginning to show signs of a nice little bear run down to the 45 level if price can break and close below the 66 level or underneath where the chart is showing a area that could trap some bears.

The 45 level has shown a handful of touches that the market respects as a support level

The chikou span is beginning to show signs of a kumo twist.

price has been stuck in a range for nearly 2 years and 7 months now.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.