Saturday, March 11, 2017

03/10/17 #Cocoa Chart $NIB #Free

Cocoa Chart
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

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

Subscriber Comments


P and REV, both less than zero (red box), define an down impulse (chart). These trends favor continuation of the decline.


The Matrix shows cocoa has been a focused bear opportunity in the the fourth week of July 2016. This opp has produced a 93% annualized return for the bears. A focused bear opp within a down impulse maintains cocoa as a sell.

The Matrix updates the the progress of this trade as well 32 other markets. It also includes Intermarket analysis that includes market leadership and risk appetite, a true economic activity composite for the United States (EAC), and long-term concentration (cycles) and direction for US stocks, bonds, and commodities. The later is important for long-term timing.


Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.