Cotton Futures March contract (CTH12) have failed to make a bearish breakout on the yearly profile did not make a candle body close below the midpoint between MS1 and MS2 look to buy retrace to the downside for position trade entry. Long-term target 129.38 the Zone-Trader Pivot on the Yearly Profile. Remember whenever the underlying instrument being analyzed fails to achieve a specific rule on the Zone-Trader model we then expect or look for that market to revert back to the Zone-Trader Pivot also known as the point of control. Attached is a screenshot of the Yearly Profile.
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