Saturday 16 April 2016

Cotton

My latest bullish forecast for cotton was on 31 January 2016.Since then price of cotton dropped by 2.25% and I was wrong on this forecast.In the last 2 weeks I got a bearish signal for cotton based on the total number of new short contracts opened for this commodity(22,902) vs net number of old long contracts closed for it(6,972).As result I expect price of cotton to drop in the next days/weeks.Check my strategy and trackrecord2016 file on my free websites:http://futuresandoptions.wix.com/cotswingcharts and
http://cotreportfreeswingcharts.my-free.website/

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