Can Cotton Prices Go Even Higher ?

01 Aug 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 for the 2nd consecutive trading session up 30 points at 74.34 as I've been recommending a bullish position over the last couple months from around the 64.75 level and if you took that trade continue to place your stop loss under the 10 day low which now stands at 71.65 as prices have gone sideways over the last several weeks therefore allowing the stop loss to tighten up.

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