Cotton short Cotton fundamentals showing price is gonna head to the downside Already in. Shortby chizulumoke1
Cotton short Cotton fundamentals showing price is gonna head to the downside Already in. Shortby chizulumoke1
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 trades in CT if we get a confirmed bullish change of trend on the Daily timeframe. COT Commercial Index: Buy Signal Valuation: Undervalued vs Gold Extreme Positioning: Commercials around max long of last 3 years - bullish. Small specs around max short of last 3 years - bullish. OI Analysis: "Bubble Up" of positioning happening between commercials and large specs = bullish. COT Small Spec Index: Buy Signal Supplementary Indicators: UO & Momentum (not yet confirmed) Remember, this is not a "Long Now" idea. These indicators are not timing tools. They simply tell us that this market could have a move of some significance to the upside, which we will participate in with a confirmed Daily trend change to the upside. Good luck & good trading.Long03:21by Tradius_Trades334
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 trades in CT if we get a confirmed bullish change of trend on the Daily timeframe. COT Commercial Index: Buy Signal Extreme Positioning: Commercials more long than they've been in 3 years = bullish. OI Analysis: We are seeing a "Bubble Up" between Commercials & Large Specs. This is a sign of a significant bottom being formed. Valuation: Undervalued VS Gold COT Small Spec Index: Buy Signal Supplementary Indicators: %R Buy Signal Remember, this is not a "Buy Now" idea. These indicators are not timing tools. They simply tell us that this market could have a move of some significance to the upside, which we will participate in with a confirmed Daily trend change to the upside. Good luck & good trading.Long03:38by Tradius_Trades5
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 Longby UK_LEEUpdated 2
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 Longby pr8608221
Long cotton Expecting cotton to go bullish right now I will be watching the 8hrs to know my move Longby chizulumoke0
Cotton: Hourly: ShortTrend: Downtrend Lower high and lower Low SL:72.80 EP:71.15 TP:69.50CShortby SMS140
Cotton buy After checking my fundamentals now is the time to go in for a buy on cotton Longby chizulumoke0
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. Longby TrainingTrader0
Cotton # 2 Futures. The Epic 52-Week Highs BreakthroughThe main technical graph is for Cotton # 2 Futures that firmly up this year, with solid 13.5 percent performance in 2024 to this time. The weekly Commitment of Traders report showed managed money cotton traders dropped 6k existing shorts and added 11.6k new longs during the week that ended 2/6. That raised their net long to 46,344 contracts. Commercial cotton hedgers added 17.5k short hedges for a 90,540 contract net short as of 2/6. NOAA’s 7-day QPF has another band of heavy precip for the South/East. From the Gulf of TX through TN/NC/KY accumulations top out near 4”. Most of Northern LA, North/Central MS, Northern AL, and Northern GA will get ~2”. Central TX cotton area will also get ¾ to 1 ½” of precip to build up soil moisture reserves. Yesterday’s Drought Monitor confirmed there was still some D3-D4 in Northeast MS, but the total D3-D4 area has fallen from 29% to 2% since December 5th for the South-Southeast. The monthly WASDE update showed a 150k bale lighter domestic cotton use, now at 1.75 million bales. Exports, however, were raised by 200k bales to offset. On net ending stocks tightened by 100k to 2.8 million in the report. The main technical graph for Cotton # 2 futures ICEUS:CT1! indicates on 52-week highs breakthrough, as massive 20-years SMA supported the price over the past 12-15 months. Weekly RSI(14) sub chart is to confirm this epic breakout, while COT data says, Largest speculators are still positive in net position all the time, keeping calm above Zero-level, while producers are to massively sell the production. by PandorraUpdated 4
Cotton Futures Elliott Wave CountCotton has risen by quite a lot YTD. I believe it will continue going north. We'll see how it plays out.Longby MrSparkles690
Cotton Breaks Bearish TrendCotton has been in a nice uptrend since the lows back in June, and although we have seen some chop recently, we are still trading in this wedge with defined support and resistance. Looking more at the technical side, Cotton broke out of a bearish trend on September 28th, and is looking strong as we are entering Q4. Old Resistance, new support: Looking at this chart, there was strong overhead resistance from the January high, and when the market started trying to take out that level, we saw sellers’ step in and bring the market back down. The market broke back out above this level on September 25th, and now this level will act as support that bulls will want to defend to keep process moving higher. This also lines up nicely with the strong trendline support, and a break below this level could send us back to neutral territory. Overhead Resistance: As this market is trending higher, there is still prices that need to be achieved to make the next leg higher. There is strong overhead technical resistance going back to the May ’22 highs, and this level has been tested and sold into three times. If the support pocket can hold, the re-test of this resistance point will be critical in judging the prices moving forward. Another rejection here could spark additional selling which could break the trend to the downside. Check out CME Group real-time data plans available on TradingView here: www.tradingview.com Disclaimers: CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results. by Ryan_Gorman0
Cotton Long Trade IdeaCotton has been in a range for a long time. Currently, we see a reversal. The drought in the USA and Asia has significantly influenced the supply side, which is noticeable in the price. Also, seasonally, an upward trend is expected. However, the COT data from the COT report do not confirm the buy signal. Nevertheless, I still anticipate an upward trend if the fundamental situation in the market fully prevailsLongby InsiderWeek_MaxSchulzUpdated 0
Cotton, DO NOT BUY OR SHORT, WAIT! Large institutional buyer is waiting and absorbing in the position now. DO not to buy or short. Be patient and watch out. Always manage your risk level. by Gilbert09670
Cotton price will increaseHere are some recent information that have increased cotton prices: Drought in Texas: The US state of Texas is a major cotton producer, and the ongoing drought in the state is expected to reduce cotton production by 2.5 million bales in the 2023/24 season. Reduced cotton production in China: China is the world's largest cotton producer, but the country is also facing challenges in cotton production, including climate change and water scarcity. The Chinese government has forecast a 10% decline in cotton production in the 2023/24 season. Increased demand for cotton: The global demand for cotton is expected to increase in the coming years, driven by growing demand for apparel and textiles in developing countries. Weaker US dollar: The US dollar has been weakening against other currencies in recent months, making cotton exports from the US more affordable for buyers in other countries. COTTON - BUY Entry: 86.70 - 87.00 TP1: 87.60 TP2: 88.14 SL: 86.25Longby neurotrader95223
CT (Cotton) - 9 months SYMMETRICAL TRIANGLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.Longby TheArtOfCharting226
we have an new analysis There a new support and resistence line . if candlesticks test support line number is 1 , It would go to 2 resistence area , Longby qarayev1618f1
Resistence and Support analysisIf trend go across 89.08 lining , this trend will be bullish and it should test resistance line . if trend pass 76.90 line ,it would test this 76.90 level . it will be reversed bear trend by qarayev1618f1
cotton about to go Higher in coming weekscotton is on the brink of a significant price increase, poised to break out of its current consolidation phase. The trading contract for July 2023 is currently being traded at a higher rate than the nearby contracts, indicating a premium price in itself. Notably, commercials are accumulating net long positions in the COT (Commitment of Traders) data, reflecting the most bullish sentiment seen since 2020. These compelling factors, combined with robust fundamental data, lead me to anticipate a notable upward movement in the price of cotton within the next few days or weeks. However, it is important to acknowledge that predicting market movements carries inherent risks, as market conditions can swiftly change, and multiple factors can influence commodity pricesLongby Lubanamanpreet1
$CT1! Cotton... ICEUS:CT1! Cotton! Bless ya cotton socks, they say! I been checking the commodity index and things may get funky... Now I went through sugar, that's looking like it's little over extended, now here's a beautiful chart of cotton! Let's dive into technicals: Pattern: Wedge Highs: 90.15 Lows: 72 Now if we break the lows of 72, I expect 67.55 and then 62.25 areas. However, if we break above the highs of 90.15, I expect 95 and then 105 areas. Now, there are certain things to keep in mind, everyone is discussing it and I've started it since start of the year that key words: Stagflation....and there's another one recession! The market is forward looking...Those that understand economic cycles saw this coming and I well recommending researching into that, as much as technicals are important but it's really important to understand the type of cycle we are in and I had mentioned a little in my past week ahead videos! Have a great weekend, it's long one for some of us! 🌞 Trade Journalby Trade_Journal2
Daily COTTON analysisHello ladies and gentlemen, ICEUS:CT1! shows a strong bearish configuration.Shortby elmehdisaddati7
CT1! Potential For Bearish DropLooking at the H4 chart, my overall bias for CT1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 85.49, where the 23.6% Fibonacci line and overlap resistance is. Stop loss will be at 88.88, where the recent high is. Take profit will be at 77.50, where the previous swing low is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group. Shortby VantageMarkets2