VantagePoint’s Hot Market of the Week – Softs

Cotton on the Rise

Source: VantagePoint Intermarket Analysis Software
To see more FREE recent market predictions for softs go here!

• The market moved up 13.53 dollars.

• 13.53 dollars = $6,765 per contract
  (About 35 trading days)

• When the blue line (forecast) crossed above the black line (actual), VantagePoint predicted the market to trend up. The Neural Index at 1.00 also indicated an expected up trend.

• Cotton is considered the single most important textile fiber in the world, accounting for nearly 40 percent of total world fiber production.

• The U.S. cotton industry accounts for more than $25 billion in products and services annually, generating over 400,000 jobs.