
Chart Source: barchart.com
Managed money is net long.
Short-term, technical traders see possible support around 65.50, possible resistance around 68.00.
The trend is up.
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: –4.25
Imports – Exports: –9.99
- Long: 14,529 (Contracts)
- Short: 108,263
- Long: 64,385
- Short: 3,461
- Long: 57,743
- Short: 31,975
- Long: 19,906
- Short: 11,237
June Cotton Price Model: 60.6 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.