Technically, we broke the strong support line at 70 cents in N’08 last week, but have closed above this level two days in a row. The cotton market feels like we are trying to put in a short term low near 69 cents as we have had four continuous inside trading days. .However, the 69 cent level has proved to be a strong support yet again. We are likely to trade sideways and in sync with outside commodities for the nearby trading sessions.Source: ECOM USA Inc