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.
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
CJU2024
Aug 2024CJZ2024
Nov 2024CJH2025
Feb 2025CJK2025
Apr 2025CJN2025
Jun 2025CJU2025
Aug 2025CJZ2025
Nov 2025CJH2026
Feb 2026CJK2026
Apr 2026CJ1!
Cocoa FuturesExplore more contracts
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Frequently Asked Questions
The nearest expiration date for Cocoa Futures (Sep 2019) is Aug 16, 2019.
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 Cocoa Futures (Sep 2019) before Aug 16, 2019.