We are long April Cattle from 93.750.
Protective Stop at 93.250 on a close only.
We have a very handsome profit on our cotton trade with an average cost of 71 1/2
We have moved the stop down to protect 50% of our profit.
Any further decline and the stop will be adjusted down accordingly.
We had a Bearish MACD cross today so it looks like lower prices for Cotton