Friday, November 5, 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

A powerful and significant energy build is needed to reverse cocoa's Flip in Progress (Fip). WA, DI, and DI2 changed very little into the decline. The Cocoa Report Updated 11/05 briefly discusses the last weekly setup in terms of WA, SA, and frustration for the bulls.

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