Cotton on the Rise

Source: VantagePoint Intermarket Analysis Software
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  • 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.