Weekly Analysis: Softs
Cotton July 2019 (old-crop): The contract closed at 78.27, down 0.59 for the week. July cotton followed-through on the previous week’s bearish crossover by weekly stochastics above the overbought level [...]
Cotton July 2019 (old-crop): The contract closed at 78.27, down 0.59 for the week. July cotton followed-through on the previous week’s bearish crossover by weekly stochastics above the overbought level [...]
Cotton May 2019 (old-crop): The contract closed at 78.11, down 0.14 for the week. May cotton remains in a secondary (intermediate-term) uptrend, posting another new 4-week high of 79.31 last [...]
Cotton May 2019 (old-crop): The contract closed at 78.25, up 0.64 for the week. May cotton remains in a secondary (intermediate-term) uptrend, posting another new 4-week high of 78.48 last [...]
Cotton May 2019 (old-crop): The contract closed at 77.61, up 1.03 for the week. May cotton remains in a secondary (intermediate-term) uptrend, posting another new 4-week high of 77.98 last week. [...]
Cotton May 2019 (old-crop): The contract closed at 76.58, up 1.08 for the week. May cotton posted a bullish breakout last week, moving to a new 4-week high of 77.82 before [...]
Cotton May 2019 (old-crop): The contract closed at 75.50, up 2.01 for the week. May cotton continues to build bullish momentum, moving to a new 4-week high of 74.90 last [...]
Cotton May 2019 (old-crop): The contract closed at 73.49, down 0.36 for the week. May cotton’s secondary (intermediate-term) trend still looks to be sideways with support at the 4-week low [...]
Cotton May 2019 (old-crop): The contract closed at 73.85, up 0.84 for the week. For now, I’m going to call old-crop cotton’s secondary (intermediate-term) trend sideways, with support at the [...]
Cotton May 2019 (old-crop): The contract closed at 73.01, up 1.15 for the week. The May contract looks to be in position to establish a secondary (intermediate-term) uptrend after holding [...]
Cotton March 2019 (old-crop): The contract closed at 70.22, down 2.33 for the week. I’ll finish off the analysis of March cotton this week as the May now holds the [...]
Cotton March 2019 (old-crop): The contract closed at 72.55, down 1.09 for the week. Despite the lower weekly close March cotton still looks to be in a secondary (intermediate-term) 5-wave [...]
Cotton March 2019 (old-crop): The contract closed at 73.64, down 0.49 for the week. Old-crop cotton still looks to be in a secondary (intermediate-term) 5-wave uptrend, with last week’s bearish [...]
Cotton March 2019 (old-crop): The contract closed at 74.13, up 0.24 for the week. Technically it could still be argued that old-crop cotton is in a secondary (intermediate-term) uptrend, though [...]
Cotton March 2019 (old-crop): The contract closed at 73.89, up 1.40 for the week. Technically it could still be argued that old-crop cotton is in a secondary (intermediate-term) uptrend, though [...]