Short
Short Cocoa CC @ 3350 --> target 3150
Short Sep Cocoa @ 3350; Stop 3450, take profit 3150
Reasons:
RSI and Stochastik Divergence
COT report specs approaching max long position
Overbought on Bollinger Band
Fundamental
Cocoa grind report bearish (released by ICE US on 7/16/2015)
Reasons:
RSI and Stochastik Divergence
COT report specs approaching max long position
Overbought on Bollinger Band
Fundamental
Cocoa grind report bearish (released by ICE US on 7/16/2015)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.