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The Cullen Outlook – Formation Finder (Cotton)


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cotton future trade idea – cullen outlook – formation finder


This is a sample of Brian’s email newsletter, The Cullen Outlook.

This is from the Formation Finder portion from September 18th.

To gain access to these charts and all of the trade ideas in full the day they are released, sign up for a FREE 30 day trial today!  Visit www.TheCullenOutlook.com

Follow: @CullenOutlook


FORMATION FINDER:

Good Morning—

December COTTON:
(CT-MZ7)

What do you think about BUYING COTTON at 69.50 ??  Room to run to the upside?

Targets are 72.00 (50% retracement) and 75.00 (old high re-test)
Risk would be new recent low off a failed bounce 68.25

Take a look at the chart below and see what you think…
TRADE IT WHEN YOU SEE IT!!!

(click to enlarge)

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This material is conveyed as a solicitation for entering into a derivatives transaction.

This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.

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About the author


Brian Cullen is a Senior Futures and Options Broker and Market Strategist with Daniels Trading. He is the publisher of The Cullen Outlook newsletter and the author of The Market's Spine, a guide and video series focused on technical analysis of the futures markets.

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