Tag: CC_F

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…

New York Cocoa (CC) gained another 4.5% plus Friday, but remains vulnerable to resuming the reversal this week from last Monday’s fresh 2024 and record high. Depending on whether CC slides lower this week, last week’s weekly Doji may provide a second data point of a weekly chart upchannel resistance line…

New York Cocoa (CC) edged nearly 1% higher yesterday, but remains vulnerable to extending the reversal next week from Monday’s fresh 2024 and record high. With CC sliding back into the weekly chart upchannel after briefly this past week surging above its resistance, bulls are best prepared for the elevated probability of a deeper pullback by mid March to last week’s low…

New York Cocoa (CC) slid more than 7% yesterday extending the reversal from Monday’s fresh 2024 and record high. With CC sliding back into the weekly chart upchannel after briefly this past week surging above its resistance, bulls are best prepared for the elevated probability of a deeper pullback by mid March to last week’s low…

New York Cocoa (CC) slid more than 1.5% yesterday after Monday’s fresh 2024 and record high. Although CC may very well squeeze higher in the next few days, bulls are best prepared for the elevated probability of a deeper pullback by next week sometime to the psychologically key 6k whole figure level…

New York Cocoa (CC) surged more than 4.5% yesterday to a fresh 2024 and record intraday high. Although CC may very well squeeze higher in the next few days, bulls are best prepared for the moderate probability of a pullback by the weekend to the psychologically key 6k whole figure level…

New York Cocoa (CC) surged more than 6.5% Friday to a fresh 2024 and record intraday high. Although CC may very well squeeze higher early week, odds are decent for a pullback by mid week to the psychologically key 6k whole figure level as Friday’s break above upchannel resistance (on the daily and weekly chart) is unsustainable…

New York Cocoa (CC) edged lower yesterday with a daily Hammer (on the May contract) after reaching a fresh 2024 and record intraday high. Although CC may very well squeeze higher going into next week, odds are decent for the psychologically key 6k whole figure level to be the ceiling for this tremendous bull market extension with the current weekly candle unsustainably above what is arguably upchannel resistance (on the weekly chart)…

New York Cocoa (CC) surged a massive 4% plus (on the May contract) yesterday to a fresh 2024 and record high. Any weekly close above the psychologically key 6k whole figure level will dramatically increase the odds for a further short squeeze to upchannel resistance (on the daily chart) in the week after…