Saturday 23 January 2016

Cotton

My last bullish signal for cotton was on 9 January 2016.Since then price of cotton has risen but now I got a bearish signal for cotton based on the number of new short contracts opened (4,511) and the number of old long contracts closed(1,295).Therefore I expect price of cotton to fall in the next week(s).Check my updated trackrecord2015 file and my strategy to spot bullish and bearish turning points in the futures and options markets on my free website:http://futuresandoptions.wix.com/cotswingcharts

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