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Re: Cotton-- 7-10 Rocks... *PIC*
In Response To: Re: Cotton-- 7-10 Rocks... ()

Speaking of coffee, the weekly chart makes for a pretty interesting time/price study. One thing that really stands out to me is that price has plunged below the 1080 degree price of 115. That may be a bad omen for bulls.. Another thing I noticed is how far out of balance time and price are now. For time and price to be balanced, price would need to be at about 137 or so, right now.Time wise, price has plunged after hitting the 900 degree cardinal cross, that may also be a bad omen for bulls. The next ordinal cross in time is on Dec. 2nd, meaning it may continue down until then, again, bad omen for bulls.