Cotton Short. And it’s over. A trader could think like that. It remains to be seen how long-term the upward trend will end. But one of the main aspects of the seasonal rise in prices and that is Christmas we have in the processing and sale of cotton behind. What was to be produced and sold to the Christmas markets is done. Now the market will be marked by face masks and common planned productions of seasonal goods. Capital Analysis has reported on this strong uptrend several times and has been used positively many times. Now the analysis is published for a long time to “short”.
Chart and table source: WebTrader