responsibletrad8r

Lumber and Cotton profit taking on the short positions

Short
PEPPERSTONE:LUMBER   Lumber (Cash)
Just looking at the future prices of cotton on the barchart page

December 20% lower than july futures

Why is everyone trading chart patterns? Simply looking into the backwardation curve gives you a good clue to buy or sell.

Will keep you updated before another move DOWN in the commodities

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