Cocoa Daily Chart.

2020년 2월 4일

Cocoa testing rising wedge support (1). Further upside is possible for the short to medium term. However, it’s worth noting that ‘Smart Money Hedgers’ have established a multi-year short position on ‘Cocoa’ according to last week's COT report. And so a turn in direction could well be on the cards! A break below wedge support at (1) could be the first clue, a break below horizontal support at (2) would be where you could try a ‘short’ with a first target at 2588/93.

2020년 3월 6일

노트

2588 target is in.