CC --> Us Cocoa with more downside potential

ICEUSA:CC2!   Cocoa
We had bearish divergences a couple weeks ago and now cocoa             came off.

Target around 3100, but some support around 3200 with middle Bollinger Bands , 20 day MA and 50 day MA and 100 day MA around 3185

Future spreads have weakened from (base Dec/Mar) from +16 to +1 with a low of -2 today
Trade closed: target reached: target of 3100 achieved (actually 3102 is the low) for now, but no buy signals in sight to cover IMHO

CC attempted a rally and failed earlier.

Future spreads Dec15/Mar16 trade at new lows at -5.

Keeping a close eye on spreads and Stochastic and RSI
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out