Cocoa's overall trend, revealed by trends of price, leverage, and time, are defined in the Matrix for subscribers.
Cocoa's Primary Trend
Cocoa's primary trend flipped up on 10/01/21. The primary trend chart illustrates it by a new green box. The power of the Evolution of the Trade resides in buying or selling Flips (F). We & Mr. Monopoly talked about it as soon as it was registered.
I also followed up the Review with the following comment,
While recognizing an irregularity in the setup doesn't imply failure, it raises the odds that direction could be compromised unless it has been removed. Perhaps, Friday's energy build, a setup which hindered previous Flips, doesn't matter this time. Experience has shown that irregularity adds risk, which adjust the size and timing of the core position.
I said this because of energy.
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