Cotton

Cotton never get under the trigger of 56.55 so no position was taken. Also, the highs were taken out so the spinning top is now negated. However, the market saw rejection at @ 461.80% extreme fib extension. We also saw the market close below the 50% mark for the day and is extremely overbought with an RSI of 78.96. I expect a much needed correction is coming and I'm looking to short below yesterday's low of 56.97.