Chart Source: barchart.com
Managed money is net long.
Short-term, technical traders see possible support around 61.00, possible resistance around 64.00.
The trend is down.
July-16 is at: 62.42 Volume = 3,128
Cotlook ‘A’ Index is at: 68.75
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: –4.8
Imports – Exports: –9.99
- Long: 23,189 (Contracts)
- Short: 100,386
- Long: 51,688
- Short: 9,177
- Long: 44,107
- Short: 24,391
- Long: 30,673
- Short: 14,382
Dec. Cotton Price Model: 58.3 cents
*Note* – This model does not attempt to forecast the future direction or level of cotton prices.
You can also find the CCL at Daniels Trading.
*This is for informational purposes only, and not a recommendation to buy or sell.