Cocoa Prices Down 4th Day In A Row

18 Dec in Blog, Cocoa futures, coffee futures trading, commodity consultation, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Cocoa Futures--- Cocoa futures in the March contract are trading lower for the 4th consecutive trading session after settling last Friday in New York at 3353 while currently trading at 3233 down about 120 points for the trading week as I’ve been recommending a short position from 3350 and if you took that trade continue to place your stop loss above the 10 day high which stands at 3430 as the chart structure is poor at the current time due to the fact that

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