One of three events must occur to push cotton prices above 90 cents. One is not in the works, and the others face weak odds.
Cotton prices continue to back-and-fill, finding bearish pressure on trades above 87 cents and bullish pressure on prices below 86 cents.
The cotton market continues to trade in a price equilibrium cavity of 82-90 cents. But without demand, a bullish market cannot exist. There is no buying to push prices higher.