Recently I have shared a few posts on one of the hardest hit commodities…Cotton.  I ask was a “50% decline enough(see post here)  and I ask if you wanted to “catch a falling knife” (see post here)

Below is an update through today, per BAL…


Playing BAL should only be for very aggressive investors!  BAL is attempting to find some support at the bottom of the falling channel.  An unfilled GAP in BAL remains in place around the $70 level….should BAL fill this gap, it would me a rally of over 10% would have to take place.

BAL remains a very good trade the range play!

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past