The long green and red periods I based off the all time high of July 1977 which is not on this chart. Due to lack of data, these long periods may not be accurate, but it is the best I have at the moment. We are getting in a green period but due to being smack in the middle of the DOTTED red zone, I think the safest trade is wait until around February 2021. Look if a sell-off has happened around that time. If so, try to buy the sell off at around Feb 2021-Mar 2021. Then potentially sell at the end of the GREEN zone around Feb 2024.
Have to wait on this one.
Have to wait on this one.
Comment:
I think there is a chance to buy in cocoa now also and try to sell 2-3 mo before Feb 2021
