CC_F Cocoa Futures Loading... : Bullish and Bearish Analyst Opinions
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10:26
Jul 09
Jul 09
Cocoa rain damage pushes prices higher.
Warm Atlantic water is causing excessive rain in cocoa-producing regions, pushing cocoa prices from $4,000 to $6,000 per ton; El Niño could further threaten supply and keep prices high.
MED
02:06
Jan 10
Jan 10
1. THE FACT: "Mar NY Cocoa completed H&S failure pattern today. Possible target is 4210 unless 6000 can be recovered".
2. THE BRIDGE: The completion of a Head & Shoulders failure pattern in March NY Cocoa futures suggests a bearish technical signal, with a specific downside target.
3. THE VERDICT: Short Cocoa futures (CC_F / CCH26) with a target of 4210, unless 6000 is recovered.
HIGH
About CC_F Analyst Coverage
Buzzberg tracks CC_F (Cocoa Futures) across 2 sources. 1 bullish vs 1 bearish calls from 2 analysts. Sentiment: evenly split. 2 total trade ideas tracked. Latest voices: Judy Ganes, @PeterLBrandt.