Cocoa Daily analysis 7-9-22Cocoa Daily looks difficult wave structure. Counting looks confusing to me at some point. Still the structure gives hope to go down further before moving up really higher value.
Cocoa the soft commodity future monthly EWCocoa the soft commodity is a bean which is fully dried seed and cocoa that we consume are extracted from it. The prices have come higher and made an important structure which ensures future price increase. It looks there will be much more demand for the beans than the production capacity.
Cocoa LongOm Namah Shivay
Cocoa may go up for long if does not go below 2424 and moves above 2511. Immediate target can be 2619 through 2511, 2574.
Om Namah Shivay
#CC_F $CC_F #Cocoa - BULL SPREADCocoa is low and reached an interesting support about 2,000. I expect even lower price and then there will be a great potential for a bullish mood in the market. Bull spread CCH19-CCK19 offers high RRR of 1:3. ENTRY 15 or lower, PT 0 ($150/contract), SL 20 ($50/contract).
#CC_F $CC_F #Cocoa - LONGCocoa is low and reached an interesting support about 2,000. I expect even lower price and then there will be a great potential for a bullish mood in the market.
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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CN2024
Jul 2024L
CU2024
Sep 2024L
CZ2024
Dec 2024L
CH2025
Mar 2025L
CK2025
May 2025L
CN2025
Jul 2025L
CU2025
Sep 2025L
CZ2025
Dec 2025L
CH2026
Mar 2026L
CK2026
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Frequently Asked Questions
The nearest expiration date for London Cocoa Futures is Sep 13, 2013.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell London Cocoa Futures before Sep 13, 2013.