Contract highlights
Smart Money Positioned to LONG Cotton - COT StrategyDISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence.
COT Strategy
LONG
Cotton (CT)
My COT strategy has me on alert for long t
Upside Ahead for Cotton - COT Strategy BuyDISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence.
COT Strategy
LONG
Cotton (CT)
My COT strategy has me on alert for long t
A long positionCotton price may find support at 70 - 72$ level. It was testing the lowest bottom on 31 oct 2022.
Buy at curently price 73.68 and buylimit at 71.00. Stoploss at 69.52, take profit at 83.45 and 90.24
Cotton sowing minus in india 56% minuseAll india cotton sowing minus 56 % in india, so bullish cotton price target 75000 per candy.
Good future for cotton buyer
Cotton #2 overextended, possible retracementAnalysis: Price experienced a sharp decline over the short period and can now be seen as extended. Reversal position (long) can be taken to trade the potential retracement or even reversal.
Long opportunity: High risk Long at market as reopening towards 83.89 as Take Profit - 1 level.
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Cotton No. 2 Futures is 70.77 USX / LBR — it has risen 0.48% in the past 24 hours. Watch Cotton No. 2 Futures price in more detail on the chart.
The volume of Cotton No. 2 Futures is 17.00 K. Track more important stats on the Cotton No. 2 Futures chart.
The nearest expiration date for Cotton No. 2 Futures is Mar 7, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Cotton No. 2 Futures before Mar 7, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Cotton No. 2 Futures this number is 134.26 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Cotton No. 2 Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Cotton No. 2 Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Cotton No. 2 Futures technicals for a more comprehensive analysis.