Buying opportunity in cotton futures as prices hit three-week high, suggesting end of downtrend.

From Yahoo Finance: 2025-06-26 10:31:00

December cotton futures present a buying opportunity as prices hit a three-week high, negating a price downtrend. Favorable U.S. stock indexes and economic data suggest increased consumer demand for cotton apparel. A move above resistance at 68.76 cents could lead to an upside target of 74.00 cents with support at 66.27 cents.

Trading cotton futures involves volatility and risk, not suitable for everyone. The Commodity Futures Trading Commission warns of the complex nature of futures and options trading. Understanding financial goals and risk exposure is crucial before investing in these contracts. It is important to review risk disclosure documents provided by brokers.

Read more: Is the Downtrend in Prices Really Over?