Futures Traders: Get FREE daily videos covering today's hottest market
Twenty-five-year commodity market veteran Jim Prince is an expert in the principles of technical trading. Each day Jim reviews the biggest moves in the commodity markets, identifying formations and planking trading strategies. And now, in his free Daily Alert, Jim will share with you his hot pick of the day with an exclusive 3-5 minute video.
With each Daily Alert video Jim reviews first-hand his featured chart of the day, discusses trading strategy, and highlights possible entry and exit points.
Enter your e-mail below to view the latest Daily Alert and receive a complimentary PDF on Cycle Trading techniques to find the right conditions for entering the market.
Cotton futures are trading 20 to 30 points lower this morning. Estimated futures volume on Wednesday was under 13,000 contracts, vs. 18,708 officially on Tuesday. Cotton futures on the Zhengzhou exchange were mostly lower this morning. Cert stocks for Dec futures delivery are currently at 15,928 bales, with 31 decertified on October 21. USDA this morning reported 86,000 RB of US cotton was sold into the export market last week. This included 4,700 RB of pima, with the balance upland varieties.