buy your shirts now … Cotton getting ready to explode – 15 months later

03/14/2016 – my good friend JC (www.allstarcharts.com) just blogged about cotton and it jogged my memory that 15 months ago I blogged about a low coming in cotton.  (I’m good at timing, right? LOL) But, time is the key component and the PRICE level just completed the same corrective move (-75%) that represented the largest corrective move – EVER.

just saying, Cotton could be rolling w/ like Mr Toads Wild Ride …here’s updated charts:

if your an ETF player, perhaps look at LONG BAL in/around these levels and stop out below 35?

Enjoy.

Bart

Wrong below 54.45 ….picture paints a thousand words.  Two charts so here’s two thousand words.

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART