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: 64.79 Volume = 450
Cotlook ‘A’ Index is at: 70.60
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: 12,678 (Contracts)
- Short: 131,790
- Long: 58,108
- Short: 9,074
- Long: 61,795
- Short: 8,982
- Long: 24,621
- Short: 11,891
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.
Mentors: And The Importance of Reading Books
You Can Never Go Home Again
3 Questions That Clarify
3 Reasons To Love The Desert
10 Books Every Trader Must Read
9 Rules on How to Become a Trader
Kummerspeck: My New Favorite Word