Commodities started off the year strong but as the crop reports started rolling in of the bumper crop that was expected for this year, prices began to fall a couple of months ago. We now have some futures markets sitting near multi-year lows, which means it might be time to start looking for interesting setups. With that, I think Cotton ($CT_F) prices may be ready to start putting in a bottom.
In this piece for See It Market I go through the latest price action of the Cotton ETF ($BAL), the bullish setup in COT data, as well as seasonal patterns.
Keep Reading: Are Cotton Prices Finding a Bottom (See It Market)
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