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10 Points On the ICE Cotton #2 Chart (CT) - Week Ending 12/16/2016 | SterlingTerrell.net

10 Points On the ICE Cotton #2 Chart (CT) - Week Ending 12/16/2016



Chart SourceBarchart

1. Cotton prices are bullishly-above the the 50 day EMA.
2. Cotton prices are bullishly-above the 200 day EMA.

3. The 50 day EMA on cotton is bullishly-above the 200 day EMA.

4. On volatility for cotton, the 30 day Average True Range is sitting at 133.

5. The 30 day RSI on the price of cotton is bullish at 51
.67.

6. The MACD on cotton is short-term bullish.

7. Over the last 3 months, cotton prices have been flat.

8. Over the last 12 months, cotton prices have increased approximately 600 points.

9. Since early January, the price of cotton has increased approximately 700 points.

10. The Trend:  Up.

View: Bullish.

See the archiveThe Cotton Club Letter.
Also see the Cotton Price Model.

*This is for informational purposes only, and not a recommendation to buy or sell.
There is substantial risk of loss to futures and options trading.
Past performance may not be indicative of future results.
One should carefully consider their financial suitability prior to trading futures or options.