Cotton has been extremely volatile since the May 17th highs with recession fears and weather conditions driving the market lower. The market accelerates its pace lower after the breakdown point on September 1st and is now testing trendline support going back to September of 2021. As we are trading near support and in oversold territory, we could see another bounce to the upside as we saw the last time the market was in this oversold territory, but a close below 82.75 could be a catalyst for more sellers.