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Cotton (CT) Daily MACD Positively Crossing

By:

CFA, Founder Tradable Patterns

Cotton (CT) Daily MACD Positively Crossing

Cotton (CT) is continuing a bouncing effort off downchannel support (on the daily chart) in today’s European morning.  Significantly, CT has clawed back to the upper end of the past 2 weeks’ range, and appears poised to break above the psychologically key .6 whole figure level and test descending wedge/downchannel resistance (on the daily chart) next week…Click here to read the full analysis of this market as well as on Raw Sugar, Natural Gas

Sample of Content Available to Free Subscribers (published Jul 30, 2019)

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