Weekly Analysis: Cotton
Theoretical Positions: The bulk of 2023 production could be sold at this point. If not, the seasonal tendency is for the market to rally during the winter and early spring. [...]
Theoretical Positions: The bulk of 2023 production could be sold at this point. If not, the seasonal tendency is for the market to rally during the winter and early spring. [...]
Theoretical Positions: New hedges could continue to be made against the 2023 crop or cash sales made as harvest progresses. Additional sales might've been made as the December contract took [...]
Theoretical Positions: New hedges could continue to be made against the 2023 crop or cash sales made as harvest progresses. Trend: Sideways to Down. December cotton completed a bearish 2-week [...]
Theoretical Positions: New hedges could continue to be made against the 2023 crop. Trend: Sideways to Down. December cotton completed a bearish 2-week reversal the week of September 4. Last [...]
Theoretical Positions: New hedges could be placed above the weekly close of 85.91. Trend: Sideways to Down. December cotton completed a bearish 2-week reversal the week of September 4. Last [...]
Theoretical Positions: New hedges could be placed above the weekly close of 85.91 (September 8). Trend: Sideways to Down. December cotton completed a bearish 2-week reversal the week of September [...]
Theoretical Positions: Hedgers will likely continue to hold off on making sales, selling on an as needed basis to take advantage of buying from noncommercial and commercial traders. Trend: Up. [...]
Trend: Sideways to up on the Dec23 cotton weekly chart (slide 1). Last Friday’s CFTC Commitments of Traders report showed noncommercial traders decreased their net-long futures position by 5,041 contracts [...]
Cotton: May cotton remains in a secondary (intermediate-term) downtrend with the next downside target near 74.45. Theoretical Positions: New short positions could’ve been put in place with the move to a [...]
Cotton: May cotton remains in a secondary (intermediate-term) downtrend with the next downside target at 77.62. Theoretical Positions: New short positions could’ve been put in place with the move to a [...]
Cotton: May cotton remains in a secondary (intermediate-term) downtrend, though the minor (short-term) trend turned up last week. This move is considered Wave B (second wave) of the secondary 3-wave [...]
Cotton: May cotton confirmed a secondary (intermediate-term) downtrend as it posted a new 4-week low below 82.21 last week. The minor (short-term) trend is set to turn up on the [...]
Cotton: March cotton continues to show a secondary (intermediate-term) sideways-to-up pattern. However, there is still solid resistance at the double top near 89.90. A bullish breakout would project an upside [...]
Cotton: March cotton continues to show a secondary (intermediate-term) sideways-to-up pattern. However, there is still solid resistance at the double top near 89.90. A bullish breakout would project an upside [...]
Cotton: March cotton is showing an interesting pattern on its weekly chart with what looks to be a double-top near 89.92. The interim low is 77.50, creating a range of [...]
Cotton: March cotton is showing an interesting patter on its weekly chart with what looks to be a double-top near 89.92. The interim low is 77.50, creating a range of [...]
Cotton: March cotton remains in Wave 3 of its 5-wave secondary (intermediate-term) with initial resistance at the Wave 1 peak of 89.92. The next upside target area is between 92.14 [...]
Cotton: Despite last week's lower close the February contract still looks to be moving into Wave 3 of its 5-wave secondary (intermediate-term) uptrend. Initial resistance is at the Wave 1 [...]
Cotton: The February contract looks to be moving into Wave 3 of its 5-wave secondary (intermediate-term) uptrend. Initial resistance is at the Wave 1 peak of 89.92. The next upside [...]
Theoretical Positions Hedgers Could be short-hedged most of 2022 production near 125.18 This was the close the week of May 16 when the contract completed a bearish spike reversal indicating [...]
Theoretical Positions Hedgers Could be short-hedged most of 2022 production near 125.18 This was the close the week of May 16 when the contract completed a bearish spike reversal indicating [...]
Theoretical Positions Hedgers Could be short-hedged most of 2022 production near 125.18 This was the close the week of May 16 when the contract completed a bearish spike reversal indicating [...]
Theoretical Positions Hedgers: Could be short-hedged most of 2022 production near 125.18 This was the close the week of May 16 when the contract completed a bearish spike reversal indicating [...]
Theoretical Positions Hedgers: Could be short-hedged most of 2022 production near 125.18 This was the close the week of May 16 when the contract completed a bearish spike reversal indicating [...]
Theoretical Positions Hedgers: Could be short-hedged most of 2022 production near 125.18 This was the close the week of May 16 when the contract completed a bearish spike reversal indicating [...]