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lestad
Dec 21, 2013 9:30 AM

WILL COTTON REVERSE AND BREAK THE 81,50 RESISTANCE TO DOWNSIDE? 

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FOR COTTON WE HAVE TO PATIENT AND WAIT TO SEE IT WILL COME BACK FROM THE RESISTANCE I DRAW ON THE CHART (NOTE THAT RSI IS ON O/B) FRIDAY CLOSE COULD BE A HAMMER SHHOWING REVERSAL.

A CLEARER SHORT TRADE WILL TAKE PLACE IF AND WHEN COTTON BREAKS DOWN 81,50 SUPPORT.

FOR NOW WE SHALL WAIT.
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