LEONES
Long

Cocoa ''the food of the gods''

ICEUSA:CCU2013   None
235 4 7
We are at the end of the first crop which normally extends from May till August - market is particularly volatile in this period. Strong bull signal today 05Aug13. The double top (12June13 - 25 July13) has been penetrated. I'll buy at the market with first target on the upward sloping median line that should be reached in few days. The next level is at 2580-2600 level (inverted H&S target).
LEONES QuantitativeExhaustion
yes nice one, I hope in another small pull-back to re-enter long for the 2nd target (H&S target)
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Hit the first target today!
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Cocoa trading 2.6% higher - click play on the chart to see how it is going
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