The @CC daily chart is on day 13 of a buy countdown and it should complete today. The hourly just completed a TDSEQh13 buy signal at the 1.272 extension from prior lows and at the 1.382 extension of wave (iii) for a v of C and printed a TD Analog™ low. Jake Bernstein's DSI index shows that retail sentiment was at a 7 yesterday, an extreme reading seen at turns. Norm Winski is calling for a turn in cocoa in this time frame, noting that "Pluto in Capricorn turns Retrograde. Pluto is the ruling planet for Cocoa". So the trade set up is here. The cocoa ETF is NIB if you don't like commodity futures, but there is slippage there.
ATB
Geo
Edited by Geomean, 20 April 2017 - 09:03 AM.
