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Attached is AGet May daily suggesting a completed w.3 which would lead
into a w.4 retracement. My continuous unadjusted chart which just
rolled, showed a major time cluster on 14Feb (right on the high) with
the next significant time cluster on 1Mar. The next significant time
cluster on May contract is 3Mar. Time clusters are calculated from
various Fibonacci time relationships between major pivots. OBV is in
only fair shape. I wish I had a better feel for cotton as it's near
historical lows and I intend to be a buyer.
The entire tropical complex (SB, CC, KC, CT) seems to be under pressure.
Earl
----- Original Message -----
From: "Ira Tunik" <ist@xxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, February 16, 2000 10:59 PM
Subject: [RT] Cotton
> Could the next stop for cotton be 53.80? Ira
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Attachment Converted: "f:\eudora\attach\CT00K.gif"
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