skip to Main Content
Cocoa’s Continued Descent Into The Abyss

Cocoa’s Continued Descent Into The Abyss

December 7, 2016

Cocoa has tanked over recent months making lower highs and lower lows since May. In my latest piece for Seeking Alpha, I explain why the odds favor a test of support at just over $2000 per ton and why the commodity that so many around the world could continue to make new lows because of a weak pound and the prospects for more supplies in 2017.

Article: Cocoa’s Continued Descent Into The Abyss

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities

Leave a Reply

Back To Top