-Thank you for reading this idea! Hope it's been useful to you.
-Remember this analysis is not 100% accurate.Use it with your own risk.
-Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge
-Thank you for reading this idea! Hope it's been useful to you.
-Remember this analysis is not 100% accurate.Use it with your own risk.
-Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge
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TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed higher at $77.16 cents per pound. Cotton prices ended up sharply last week returning to pre-pandemic levels and 2019 highs.
ICE U.S. cotton stocks were down to...
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TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed higher at $74.08 cents per pound.
ICE U.S. cotton stocks were down to 86544 bales. Total cash transactions totaled 6,30082 bales this week compared to 5,31144...
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TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed lower at $71.57 cents per pound.
ICE U.S. cotton stocks were down to 101220 bales. Total cash transactions were 531144 bales this week compared to 479062...
A bearish divergence is forming on Cotton futures meaning that price could probably correct until it touches lower trendline without the exclusion of a longer move to the south.
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TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed higher at $73.27 cents per pound.
ICE U.S. cotton stocks were down to 115929 bales. Total cash transactions were 47,906,262 bales this week compared to...
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TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed sharply higher at $72.96 cents per pound.
Hope for a vaccine is fuelling the markets, and Pfizer and Moderna announced very encouraging results. Many...
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TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed lower at $68.4 cents per pound.
Hopes for a vaccine are fuelling the markets, Moderna announced very encouraging results on Monday. The pandemic continues...
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TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed lower at $68.62 cents per pound.
The pandemic continues unabated, we have just surpassed 50 million cases worldwide, with more than 1.250 million deaths....
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TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed lower at $68.90 cents per pound. The worsening health situation with a sharp increase in covid-19 cases in the U.S. and Europe has strongly impacted markets...
