Cotton Futures

Cotton futures in the May contract is currently down 90 points at 82.03 breaking a 4 day winning streak as prices are still hovering right near a 4 week high as I'm currently not involved in this market, but I do have a bullish bias to the upside as prices remain strong due to excellent demand for this product.

TREND: –HIGHER

CHART STRUCTURE: POOR

VOLATILITY—MEDIUM