The Cold Weather Is Approaching &Nbsp This Winter.

2010/10/16 14:46:00 66

capital market

The phrase "history will be strikingly similar" has been circulated.

We have predicted the rise of the current cotton price. Once the trend of the cotton price has broken through all the highs of history, the trend of copper price will be similar to that in the past 06 years.

Looking at the price trend since the launch of Zheng cotton, Zheng merchants formally launched cotton futures in June 1, 2004. After 4 years of extensive concussion, it founded a new high after 08 years in March 5th.

financial crisis

The outbreak also forced the cotton price not only to drop below all historical lows, but also to fall below the 10000 mark.

After the outbreak of the crisis, countries around the world have introduced measures to rescue the market, and commodity futures have rebounded overall.

Cotton futures

All the way up, the trend is stronger than the other varieties, and then walked out of the historical high position slowly and steadily rising trend.

Finally, at the end of the last trading week in late August, Zhou Ke line appeared perfectly in the form of two sides with one shade and one shade, and the first trading week in September broke through.

At this point, the trend of large V font reversal has been suddenly in the eye.

To date, the price rises have been completed only in terms of the measured increase. However, historical experience tells us that every trend is going up, and then there will be a wave of crazy inertia. In addition, there is a forecast that this winter will encounter a very cold climate which is rarely seen in history.

Finally, the price of cotton will go higher.

The situation of fundamentals is not covered here.

In the last sentence, futures manipulation is against the trend.