Group 1 - March cotton futures are experiencing a downward trend, recently hitting a contract low, indicating a selling opportunity as bears hold a near-term technical advantage [1] - China, a significant cotton importer, has been avoiding U.S. cotton for several months, impacting demand [2] - The global consumer demand for apparel is shifting towards synthetic fibers, which are cheaper than U.S. cotton, further affecting market dynamics [2] Group 2 - A breach of chart support at 64.00 cents in March cotton futures would empower bears and present a selling opportunity, with a downside price objective of 60.00 cents or lower [3] - Technical resistance is identified at 66.00 cents, where a protective buy stop should be placed [3]