Saturday, April 1, 2017

Cocoa (update)

Thursday, the objective of the symmetrical triangle was met @ 2066.  Friday was pretty quiet action with prices holding above MR1.  If we can hold above 2028 and make new highs above 2187, then we will have a MM breakout pattern with neutral retracement.  That would be bullish and help prices continue higher.  The long position is still in great shape.


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