New York Cocoa (CC) gained a near 2% yesterday to another fresh 2024 and record high. However, with yesterday’s daily Doji/Hammer and the weekly Doji forming, CC will likely by next week reverse back below the weekly chart’s steeper upchannel resistance (connecting the February and March highs) and the daily chart upchannel resistance…
New York Cocoa (CC) surged a massive more than 8% Friday to another fresh 2024 and record high. With Friday’s burst above the weekly chart’s steeper upchannel resistance (connecting the February and March highs), and to the daily chart upchannel resistance, healthy consolidation is likely this week…
New York Cocoa (CC) surged more than 5% yesterday to another fresh 2024 and record high. With yesterday’s burst intraday to the weekly chart’s steeper upchannel resistance (connecting the February and March highs), and to the daily chart upchannel resistance, consolidation is likely going into next week…
New York Cocoa (CC) edged lower yesterday with its daily Gravestone after Tuesday’s fresh 2024 and record high. With yesterday’s hesitation just above the psychologically key 7k whole figure level at the weekly chart’s steeper upchannel resistance (connecting the February and March highs), a further short squeeze to the daily chart upchannel resistance by the weekend is unlikely…
New York Cocoa (CC) rebounded another near 5% yesterday to a fresh 2024 and record high. With yesterday’s close above the psychologically key 7k whole figure level, a further short squeeze to the daily chart upchannel resistance is moderately likely by the weekend…
New York Cocoa (CC) rebounded another 5% yesterday to a fresh 2024 and record high. Odds are suddenly elevated for a further short squeeze to the psychologically key 7k whole figure level and the daily chart upchannel resistance this week…
New York Cocoa (CC) edged nearly 1% lower Friday, consolidating further after Monday’s fresh 2024 and record high. With last week’s red weekly Gravestone rejected at the weekly chart’s steeper upchannel resistance (connecting the February and March highs), odds are now low for a short squeeze further to the daily chart upchannel resistance this week…
New York Cocoa (CC) edged nearly 1.5% lower yesterday, consolidating further after Monday’s fresh 2024 and record high. With a red weekly Gravestone forming, odds are now low for a short squeeze further to the daily chart upchannel resistance by mid month…
New York Cocoa (CC) slid 2% plus yesterday after Monday’s fresh 2024 and record high. With the red weekly Gravestone forming, CC no longer appears likely to short squeeze further to the daily chart upchannel resistance by the weekend…
New York Cocoa (CC) gained another 4% plus yesterday to a fresh 2024 and record high. Odds are now decent for a short squeeze to continue further to the daily chart upchannel resistance by the weekend…
