Cocoa has taken a beating recently. It looks like we are starting to see people jumping in to catch the knife. Im stalking my prey like a lion, waiting for the time to strike. Maybe next 2 weeks.
Although I am a long term dollar bear, I think next week we see some upside. Maybe even new highs later this year. Daily divergence at a major support is what interests me in a long
Strong run up has start to lost momentum. Indicators showing some divergence forming. Also have a couple nice hammers indicating an end of trend