Front Month Cotton Futures Red Into Day Trade By: Barchart | February 14, 2023
Cotton is trading down by 40 to 48 points so far. Front month cotton futures ended the first trade session of the new week with contracts up 7 to 37 points. March was the leader, up 37 points. Weakness out of the US Dollar index may have helped, as it was down 35 points on the session.
The Cotlook A index was 10 points higher on 2/10 to 100.85 cents/lb. The USDA AWP for cotton is 74.41 cents/lb this week through Thursday.
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor! • DiscoverGold
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