Managed money is net long.
Short-term, technical traders see possible support around 64.00, possible resistance around 68.00.
The trend is down.
Stocks and Sales
Current World Balance Sheet (2015/2016)
Current China Balance Sheet (2015/2016)
Imports – Exports: 5.70
Current India Balance Sheet (2015/2016)
Imports – Exports: -3.75
Imports – Exports: -10.79
- Long: 9,495 (Contracts)
- Short: 125,599
- Long: 62,483
- Short:3,255
- Long: 63,545
- Short: 18,628
- Long: 16,846
- Short: 9,624
June Cotton Price Model: 55.6 cents
(*Note: This model does not attempt to forecast the future direction or level of cotton prices.)
General View
*This is for informational purposes only, and not a recommendation to buy or sell.