Saturday, October 2, 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 bag holders at major trend transitions.

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


Subscriber Comments

Cocoa's position in the Evolution of the Trade (EOT) is clear. This morning's review discusses exactly what the Matrix shows. I would also add that Friday's setup is not perfect. Subscribers that have read, studied, and discussed the EOT should be able to spot the trouble without a problem. Judging by various comments and emails, I know some have made no attempt to learn it.

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.

With that said, yesterday's setup was powerful. The daily and monthly trends have flipped simultaneously. This doesn't happen often.

What's more common is a monthly flip after a long daily up impulse. This forces us to wait for a Reset (R) before establishing the core.

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