Monday, June 14, 2021

#Cocoa Review $NIB #CC_F

Cocoa Review
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to long-term trends, it does not define them. The focus on short-term noise rather than trends, a source of confusion for the majority of investors, leads to the creation of bagholders at major trend transitions.

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


Subscriber Comments

Cocoa's setup is getting more interesting.

Cocoa's primary trend might be down, but it's not likely to be profitable as long as DI and DI2 keep rising. DI and DI2 are 59% and -2%. While this combination is no strong enough to produce a bullish setup, it's getting closer; track it in the Matrix.  A strong bullish setup will be needed to turn the primary trend. The bigger the build, the more likely the move will be powerful. Stay tuned.

Follow me on Twitter or Facebook for further discussion.

----------------------------------

Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.