New York Cocoa (CC) edged higher yesterday (on the July contract), closing just shy of Friday’s fresh 2024 and record high. Nevertheless, odds remain elevated for healthy consolidation by next week as hinted by the still red weekly hammer which may become the 1st red weekly candle in 7 weeks…
New York Cocoa (CC) slid a near 3% further yesterday (on the July contract) from Friday’s fresh 2024 and record high. Odds are elevated for deeper healthy consolidation ahead of the weekend and the 1st red weekly candle in 7 weeks…
New York Cocoa (CC) reversed a massive 6% plus yesterday (on the July contract) from Friday’s fresh 2024 and record high. Odds are elevated for further healthy consolidation this week and the 1st red weekly candle in 7 weeks…
New York Cocoa (CC) surged a massive near 6% Friday (on the July contract) to a fresh 2024 and record high. Nevertheless, with last week’s 6th straight green weekly candle and Friday’s Hammer, odds are elevated for healthy consolidation this week back around the psychologically key 10k whole figure level…
New York Cocoa (CC) surged a massive 9.5% plus yesterday (on the July contract) to a fresh 2024 and record high. CC is all but certain to complete its 6th straight green weekly candle…
New York Cocoa (CC) bounced more than 2.5% yesterday (on the July contract) after a bit of healthy profittaking from Monday’s fresh 2024 and record high. Nevertheless, bulls should be prepared for some further healthy consolidation back below the psychologically key 10k whole figure level going into early next week…
New York Cocoa (CC) reversed a massive 7% plus (on the July contract) from Monday’s fresh 2024 and record high. Bulls should be prepared for some further healthy consolidation going into the weekend with yesterday’s slide below the psychologically key 10k whole figure level…
New York Cocoa (CC) edged another near 1% higher yesterday (on the July chart) to a fresh 2024 and record high. Nevertheless, bulls should be prepared for some healthy consolidation this week with the weekly Doji trying to form likely to limit any downside this week to the psychologically key 10k whole figure level…
New York Cocoa (CC) surged a massive near 6% Friday (on the July chart) to a fresh 2024 and record high. Nevertheless, bulls should be prepared for some healthy consolidation early week with initial support at the psychologically key 10k whole figure level…
New York Cocoa (CC) formed a daily Gravestone yesterday (on the July chart) after forming a fresh 2024 and record intraday high just above the psychologically key 10k whole figure level. Nevertheless, with somewhat of a monthly Doji forming (as seen easier on a continuous monthly chart on tradingview.com), CC appears to be in the early stages of exhausting the parabolic bull market extension since February…
