The inévitable dump on cocoa futures is coming.
After the market got cornered following poor weather conditions for growing this crop, be ready for a giant plummet back to 'normal' cocoa prices. Shorting these futures will be very popular in a few weeks from now for months to come.
After the market got cornered following poor weather conditions for growing this crop, be ready for a giant plummet back to 'normal' cocoa prices. Shorting these futures will be very popular in a few weeks from now for months to come.
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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.