Cocoa's overall trend, revealed by trends of price, leverage, and time, are defined in the Matrix for subscribers.
Cocoa, like any market in the Matrix, moves through the Evolution of the Trade. There's no exception to it. Cocoa's setup on 10/01 was a Flip under triple alignment.
My version of the Matrix, however, warned me the setup was weaker than normal due to the nature of the energy build. I warned everyone that risks to the Flip were elevated. Sometimes, elevated risk don't matter, but most of the time, it translates into patience rather than action.
Cocoa's recent price weakness has many on the Internet believing the bears now control the trend. This is not true! A Flip in Progress (Fip) down is not control. It's currently a flat-out street fight between the bears and bulls. What's interesting is what the invisible hand is doing while the bulls and bears clash.
The setup is so interesting, I generated a Cocoa Report on 10/26. Cocoa requires advanced tools and thinking. The only thing certain is that the Internet (majority) won't get it right.
Please watch the short Review
Follow me on Twitter or Facebook for further discussion.
Access market-driven money flow, trends, and intermarket analysis through an Access Key.