Cotton Futurescast Articles


(CT) Avoid Cotton Directional Exposure Like the Plague (or Wheat)
By: RJO MRTApril 12th, 2012 7:32AM CDT

Technicals, April 12, 2012; 7:15am Cotton is challenging wheat and Eurodollars for the choppiest, lateralest, frustratingest and messiest market on the entire commodity board over the past quarter so a trading-range mind-set remains required with a cautious bullish bias. Under such choppy, lateral circumstances clear in the daily log, active-con....
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 - (CT) Avoid Cotton Directional Exposure Like the Plague (or Wheat)




(CT) Counter-trend Cotton Recovery Intact Above New $0.9438 Risk Parameter
By: RJO MRTJanuary 9th, 2012 8:19AM CST

Technicals, January 9, 2012; 7:35am Since 28-Dec's confirmed reversal above 16-Dec's 88.29 high first introduced as a pivotal level and condition in 20-Dec's Technical Webcast, we've endorsed a cautiously bullish policy. And indeed, the 240-min chart below shows that the market's performance since that 88.29+ break has been i....
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 - (CT) Counter-trend Cotton Recovery Intact Above New $0.9438 Risk Parameter




AgFuturesTrading.com - Record Crop Weighs on Cotton Futures
By: Kevin CraneyDecember 5th, 2011 8:02AM CST

Kevin Craney, a senior commodities broker with RJO Futures, stated today regarding the current cotton futures situation, “Cotton (futures) remains under pressure due to the global supply glut and global economic growth slowing. Without any significant turnaround in the global macro-economic conditions, low demand will continue to keep (cotton....
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November 18th - Cotton No. 2 Daily Price Expands To 5 Cents
By: RJO Futures Market AlertNovember 17th, 2011 4:07PM CST

Effective with the start of trading for Friday, November 18, 2011, the Daily Trading Limit for all Cotton No. 2 futures delivery months will expand to 5 cents per pound (500 points) above and below the prior day Settlement. The 5 cent Daily Price Limit is consistent with Cotton Rule 10.09, which provides for an Initial Limit Amount that increases ....
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Cotton turn around? Finally!
By: Dan GuzmanOctober 31st, 2011 1:18PM CDT

December cotton has been sliding lately, but a turn around could be seen as we approach support levels of 10210 and 10027. The drought over the summer in Texas had an adverse effect on the supply. The supply was ample coming out of Minnesota and Nebraska. India and China are about to turn up the demand for their exploding middle class and the bad ....
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 - Cotton turn around? Finally!




(CT) Cotton Stems Sep/Oct Slide, Perpetuates Broader Range Trade
By: RJO MRTOctober 27th, 2011 9:47AM CDT

Technicals, October 27, 2011; 8:10am The extent and impulsiveness of this week's recovery above 19-Oct's 101.42 high renders Oct's portion of this slide a 3-wave and thus corrective structure that not only exposes a run at 11-Oct's 104.00 high, but possibly the upper recesses of the past quarter's 93.72 - 114.83-range. As a re....
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 - (CT) Cotton Stems Sep/Oct Slide, Perpetuates Broader Range Trade




(CT) Developing Cotton Bear Defines Tighter $1.0230 Risk
By: RJO MRTSeptember 29th, 2011 8:01AM CDT

Technicals, September 29, 2011; 7:20am Since 19-Sep's momentum failure exposed Aug-Sep's recovery attempt as a 3-wave and thus corrective structure discussed in that day's Technical Blog, a broader bearish policy has been advised ahead of an expected eventual break below 09-Aug's 93.72 low shown in the daily log scale chart below.....
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 - (CT) Developing Cotton Bear Defines Tighter $1.0230 Risk




(CT) Cotton Technicals Constructive Above Minimum $1.0700
By: RJO MRTSeptember 13th, 2011 7:29AM CDT

On the heels of 07-Sep's decisive, impulsive breakout above weeks of 107.85-to-109.00-range resistance that now defines this range as an excellent new support candidate, subsequent setback attempts are advised to first be approached as corrective buying opportunities. And while we'll address a caveat to a bullish count below, the trend is....
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 - (CT) Cotton Technicals Constructive Above Minimum $1.0700




(CT) Significant Cotton Reversal Exposed Following Key $1.0900+ Breakout
By: RJO MRTSeptember 7th, 2011 7:55AM CDT


Technicals, September 7, 2011; 7:40am In last Thur's Technical Blog we discussed some constructive technical developments despite the existence of 24-Aug's 109.00 high and resistance. Just moments ago, the market broke above this key 109.00 level that negates a bearish wave count that contended that Jul-Aug's 38.2% recovery attempt ....
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 - (CT) Significant Cotton Reversal Exposed Following Key $1.0900+ Breakout




August 15 - Cotton No. 2 Daily Price Expands To 5 Cents
By: RJO Futures Market AlertAugust 12th, 2011 3:13PM CDT

Effective with the start of trading for Monday, August 15, 2011, the Daily Trading Limit for all Cotton No. 2 futures delivery months will expand to 5 cents per pound (500 points) above and below the prior day Settlement.

The 5 cent Daily Price Limit is consistent with Cotton Rule 10.09, which provides for an Initial Limit Amount that incre....
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Corrective Cotton Pop Re-Exposes Bear
By: RJO MRTAugust 8th, 2011 10:27AM CDT

By confirming at least the intermediate-term trend as down with Fri's break below 102.15, we believe the cotton market is also re-exposing this year's broader reversal lower as the late-Jul/early-Aug recovered attempt has been rendered a 3-wave and thus corrective affair. Please review today's Technical Webcast for details that also inc....
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(CT) Cotton Failure Renders Recovery Attempt Corrective, Re-Exposes Broader Slide; 104.44 New Key
By: RJO MRTJuly 29th, 2011 9:08AM CDT

Technicals, July 29, 2011; 6:40am In Wed's Technical Blog we advised traders to move to a neutral/sideline policy as a result of some developing bullish threats resulting from a bullish divergence in momentum above 20-Jul's 102.13 corrective high shown in the daily log chart below. We discussed how this divergence exposed a correction or ....
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 - (CT) Cotton Failure Renders Recovery Attempt Corrective, Re-Exposes Broader Slide; 104.44 New Key




Declining Demand for Cotton Impacts Futures
By: Peter MoosesJuly 21st, 2011 9:29AM CDT

The cotton market needs a move low enough in prices to push the demand back up. In the short-term the market looks oversold, which can turn this into a bullish market with higher prices in the long-term. The weaker dollar and higher stock prices should also add to an increase in cotton future prices. Weather also remains an issue in the south with ....
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 - Declining Demand for Cotton Impacts Futures




Cotton on the down side?
By: Dan GuzmanJuly 8th, 2011 10:08AM CDT

July cotton was down 540 on the last trading day on weak demand. Brazil has a surplus of over 100,000 bales, Mexico and China did not have an impact. China is pulling back with 1.1 mil. in excess and the demand is not there in India or in the U.S. The December cotton is a little stronger today but the market is expected to trade sideways. The Tuesd....
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 - Cotton on the down side?




Cotton No. 2 Daily Price Reverts To 6 Cents
By: Anthony PickettMay 13th, 2011 3:01PM CDT

Effective with the start of trading for Monday, May 13, 2011, the Daily Trading Limit for all Cotton No. 2 futures delivery months will revert to 6 cents per pound (600 points) above and below the prior day Settlement Price.

The 6 cent Daily Price Limit is consistent with Cotton Rule 10.09, which provides for an Initial Limit Amount that inc....
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ESM2 Jun '12 Emini S&P 525 132775 9:28:45 PM                  GCLM2 Jun '12 GBXCrdOil 33 9314 9:28:44 PM                  ZCN2 Jul '12 GBX Corn 14 6214 9:28:38 PM                  ZBM2 Jun '12 GBX BOND -70 146190 9:28:50 PM                  IDXM2 Jun '12 ICE $Index -39 81485 9:38:25 PM                 


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