Singkat

Cotton#2 to continue downwards

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Price range of Cotton#2 was contained between Trend Lines A and B from 1973 up to 2010. Then in August, 2010, the graph broke through Trend Line A to zoom into the ether. Then, in 2011, it came crashing back to earth, but was a new range to be contained between rising trend-lines D and E? In May 2014, the graph broke through Support Line D. The downswing indicated by trend-line F continued. Breaking through the bottom Bollinger Band, it looks like the downswing will continue to our original Support Line B.

Penafian

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