AndreasMunz
Long

Change buy from neutral as strong support was found on trendline

ICEUSA:CC2!   Cocoa
Pro Long:
- Trend line provided massive support (dark red line)
- High volume at support and during the rally
- future spreads very strong (N16-U16 turned into backwardation)
- If we close positive today 7 MA will cross 20 MA generating buy signal

Contra Long:
- running into resistance on middle Bollinger Band (20 day MA)

I sold the 2900 puts last week as a sideways prediction was put in place and will keep that position and add once I see a pull back into the lower trend line
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