PeterLBrandt

Possible roll-over top in London Cocoa

Penjualan
ICEEUR_DLY:CH2024   London Cocoa Futures
London Mar 24 Cocoa violated its parabolic advance (linear scale) in recent weeks and was unable to trend higher. Today's decline appears to be a possible failure top roll-over similar to the chart in NY Sugar that led to a precipitous decline in Sugar during December.

Could the same type of decline occur in Cocoa? Who knows. Factor Prop Account shorted London Cocoa early this morning.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.