cocoa

Spectre · Post by **Spectre** » Fri Mar 23, 2007 6:37 pm

cocoa tests a upward projected trendline off the peaks three times(the trendline touching at 3 points), the current levels are close to that trendline and it seems to fall back. A break of 1760 would be a bearish sign.

BARLI · Post by **BARLI** » Fri Mar 23, 2007 6:56 pm

Cocoa goes to 2000 my friend

Spectre · Post by **Spectre** » Fri Mar 23, 2007 7:00 pm

yes, long term price patterns seem to indicate a multistage advance precedes a larger then usual upside attempt before falling back.

Spectre · Post by **Spectre** » Mon Apr 09, 2007 4:54 pm

http://futures.tradingcharts.com/chart/CC/W

http://futures.tradingcharts.com/chart/CC/57

seems to consolidate at 50 dollar intervals.