Are Cotton Prices Going Higher ?

23 Jun in Blog, Cocoa futures, coffee futures trading, commodity consultation, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery, sugar futures

Cotton Futures--- Cotton futures in the December contract are trading higher by 133 points this Thursday afternoon in New York currently trading at 65.86 as I’ve been recommending a bullish position from around the 64.75 level & if you took that trade continue to place your stop loss under the 10 day low which remains at 63.28 as you are going to have to accept the monetary risk as the 10 day low will not be raised for another 4 trading sessions.

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