Cotton could be anticipating something for crude currently on a daily MACD cross up
But careful! Seasonally march is a month of tops for cotton and august month of bottoms.
But march aint over yet so green parallel could easily to be touched.
Latest news from China-world biggest importer - may support this scenario
www.reuters.com/arti...dUSL3N0C75KE20130315
net short commercial COT positions still heavy
bit.ly/WjnRuT
But careful! Seasonally march is a month of tops for cotton and august month of bottoms.
But march aint over yet so green parallel could easily to be touched.
Latest news from China-world biggest importer - may support this scenario
www.reuters.com/arti...dUSL3N0C75KE20130315
net short commercial COT positions still heavy
bit.ly/WjnRuT