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:

Page_16-03-14_20-12-10 Page_16-03-14_20-18-11

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.

Main20141216102311

Main20141216103217

Leave a Reply

%d bloggers like this: