AndreasMunz
Short

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
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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