Friday, June 17, 2016

06/06/16 #Cocoa Chart

Cocoa Chart
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Gold's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in the COT Matrix and Review of Cocoa for subscribers.

Chart


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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.