How Long Does The Maverick Market Continue?

"One line changed three views". At the end of the year, when cotton was relaxed and vigilant at the end of the year, Zheng cotton's explosive rise really made people salivate. In view of the sudden arrogant performance, the external views are very clear, some think that the rise is highly limited, and others think that there will be a good momentum of growth. Which is right or wrong, the position is different, the conclusion is also different.

As the saying goes, "there is no permanent decline, nor a rising forever". After maintaining the bottom oscillation for a period of time, Zheng cotton gradually moved upward. The main reason is that Sino US economic and trade consultations have been improving, and the two sides are close to reaching the first stage agreement. Under this background, Zheng cotton's bulls are righteous and healthy.

Some people say that even if China and the United States reach the first stage agreement, the two sides will not completely cancel their tariffs. Moreover, in the long run, there is still a long way to go for the complete reconciliation between the two sides.

In fact, the trend of the disk can explain and digest everything. Zheng cotton long bottom area consolidation, many times have proved that the current disk is extremely fragile, once the market is blowing up, Zheng cotton immediately rebounded, the reason is not effective breakthrough, lies in the lack of sufficient information support. The number of warehouse receipts of Zheng cotton has been growing rapidly. It has been proved that cotton price is in the low value investment area.

As early as August this year, the author has predicted that in the downward trend of the trend, the price of Zheng cotton will fall to the lowest point in the delivery month. If there is no extreme pessimism in the early stage, the price of Zheng cotton will not drop to near 12000 yuan / ton. Since then, the new flower has been listed, Zheng cotton has gradually changed its price, and the price has gradually increased, until the end of the year, the explosion rose to around 14000 yuan / ton.

In the future, how to develop the market has been given a forecast point of 15000 yuan / ton. I believe that the future can rise much higher, not because of the high capital of multi funds, but when the market will leave. I believe that this round of rising performance has shown that Zheng cotton price has jumped to a new point, and the number of times below 13000 yuan / ton will be less and less.