Is the bullish run coming to an end? Cotton closed at $81.25 (-0.4%)

Though in the midst of a 4 day uptrend, gaining a total of 6.46%, ($5.26), The prevailing bullish trend is beginning to fade following Friday's downbeat session. ICE Cotton ended Friday at $81.25 per pound following from closing Thursday at $81.58. Overall, this represents a loss of 33 cents or 0.4%.

Furthermore, United States ISM Manufacturing PMI (Jun) is expected tomorrow at 14:00 UTC.

The commodity has been trending lower for about a month. ICE Cotton has fallen back around 33.27% from the significant high of $122.25 set 10 months ago.