Cotton : New Bearish Impulse Is Underway Cotton #2 ICEUSA:CT1! ew-forecast.com Correction seems to be completed on the Daily graph of Cotton, because price made a sharp action to the downside resulting in three impulsive red waves. Currently price is trading in red wave (3) that could reach levels between 57.40 - 58.20. Link to our previous charts: www.ew-forecast.com