 That positive action was quickly smothered by huge selling, which grows across grains, the stock indexes, metals, meats, and energies. The source of that selling was likely what Fed Chair Powell might say in his congressional testimony this week. Still, cotton managed a pretty positive settlement. Yesterday afternoon, the CFTC released its holiday-delayed commitment of traders report. In recent weeks, its numbers have revealed a very negative short position being held by managed money funds.