CC running into support and out of steam, from short to neutral

Moving from short to neutral as cocoa runs into support and seams to run out of steam.
RSI and Stochastik are in oversold areas. Even though we didnt reach the red target line, I am cautious about the short position.
Dec/Mar future spreads are firmer today indicating.
Yet too early to reverse the position IMHO
RSI and Stochastik are in oversold areas. Even though we didnt reach the red target line, I am cautious about the short position.
Dec/Mar future spreads are firmer today indicating.
Yet too early to reverse the position IMHO
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.