December cotton (CTZ25) futures present a selling opportunity on more price weakness. See on the daily bar chart for December cotton futures that prices are trending lower and have just hit a contract low. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bearish posture as the red MACD line is below the blue trigger line and both lines are trending lower. Cotton bears have the solid near-term technical advantage. More News from Barchart Fundame ...