Cotton Trial: Week 1: 12 March 2017

Technical Analysis of Cotton: First Try: 12 March 2017

Analysis done on Sunday, 12 March 2017 based on data till 10 March '17

I am trying a couple of free tools that have Data on Cotton.

Investing.com: To use long term charts - Support, Resistance, etc

Stockcharts.com: For Technical Analysis Indicators

Cotton has been on an up move from March 2016.

It faced Resistance at 78 in Aug '16 and recently at 79.

If it could cross 78-79 Resistance again, 84 is a possibility.

However, recent indicators are looking bearish. I think it might come down to ~75 Support soon.

Hope to do next analysis in a week.

Support, Resistance Chart

Technical Indicators - I think it will come down to 75 soon . . .