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Cotton futures prices trending up

February 6, 2024 by Jim Wyckoff

The cotton futures market bulls are in firm near-term technical control as prices are trending higher on the daily bar chart and this week hit a 3.5-month high.  The path of least resistance for cotton prices remains sideways to higher as the trend is the bulls’ friend. See the support and resistance lines on the chart. Stay tuned! Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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