LEONES
Short

Cotton Fan

ICEUSA:CTN2013   None
122 4 0
I'm planning to short Cotton             again next week. After reaching support level at 82.80 and the 1/2 Gann Line (April,24) Cotton             formed a nice wave back to the 1/1 Gann line and 20EMA. A trade below the newly formed trend-line and pivot low (82.84) would confirm the pattern continuation towards the next support (77.00-78.00).
Sell order never triggered. Wait and see mode.
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Sell not triggered but I'm still bearish - another move up is going to create a good short entry point
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Bigger view - weekly chart
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Another study leading to he same target
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