Chart Source: barchart.com
Managed money is net long.
Short-term, technical traders see possible support around 63.00, possible resistance around 65.00. Still.
The trend is down.
July-16 is at: 64.99 Volume = 417
Cotlook ‘A’ Index is at: 69.55
Stocks and Sales
Current World Balance Sheet (2015/2016)
Current China Balance Sheet (2015/2016)
Imports – Exports: 5.3
Current India Balance Sheet (2015/2016)
Imports – Exports: –4.3
Imports – Exports: –9.99
- Long: 12,043 (Contracts)
- Short: 135,482
- Long: 58,210
- Short: 9,266
- Long: 70,528
- Short: 10,191
- Long: 23,954
- Short: 13,323
Dec. Cotton Price Model: 55.4 cents
*Note* – This model does not attempt to forecast the future direction or level of cotton prices.
*This is for informational purposes only, and not a recommendation to buy or sell.
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