Last week’s price correction was overdue, yet the market is still positive. But it’s best to remember that the simple fundamentals of supply and demand do rule the day.
The price breakout above 80 cents continues to build its base in the very low 80s as it prepares for its next challenge to the 85 cent level.
Cotton’s roller coaster price trip is on, and it’s really just beginning. The steep incline is in front of us.