Cotton Stuck In A 7 Week Consolidation

03 Nov in Blog, coffee futures, commodity trading, cotton futures, futures trading, Mike Seery, orange juice futures, seeryfutures, sugar futures

Cotton Futures---Cotton futures in the December contract is currently trading at 68.20 while settling last Friday in New York at 68.80 up about 60 points for the trading week still stuck in a very tight 7 week consolidation waiting for some fresh fundamental news to dictate short-term price action.

 

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