Upside resistance (highlighted if met):
1994 10 DMA
2017 Daily S1
2049 20 DMA
2134 Falling Window
2145 Daily P
Wednesday, February 15, 2017
Cocoa (update)
Price action the past 2 days is exactly the type that can trigger a bottom. Yesterday, we had a doji pattern and today we had a close above yesterday's high turning it into a high close doji (HCD). It's very possible that today's low @ 1890 could hold as we made new lows on buying. I don't want to see selling pressure return tomorrow as that could wipe out this rally attempt.
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