Global Accountancy Institute Medium Term Technical Analysis for Cotton
We are bullish on cotton in the short to medium term.
Our Global Algorithmic Trading Software (GATS) #5 indicates the following for Cotton:
The Long Term Trend (LTT) is currently Bullish
The Medium Term Trend (MTT) is currently Bullish
The Short Term Trend (STT) is currently Bullish
The Micro Trend (MT) is currently Bullish
We will attempt a Bullish trade based on the current bullish market structure as shown on the Global Algorithmic Trading Software (GATS) #5 with potential trade entry signal as follows:
Global Potential Trade Entry Signal #1 : 120.37
Global Maximum Catastrophe Hard Stop Loss GAP:105.47
Global Maximum Catastrophe Trailing Stop: 105.47
Global Maximum Profit Target: 277.37
Current Price as at January 18, 2022: 121.21
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The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security.
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This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers.
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