Tag Archives | West Africa

Cocoa Futures chart for August 27, 2013

Cocoa – Precipitation Should Assist in a Correction

After climbing 18% in the last 60 days cocoa prices have consolidated in recent weeks just under the $2500 level in December futures. I am operating under the influence that an interim top has been established on 8/20 at $2547 or $100 above current trade. I am expecting a challenge of the up sloping trend […]

Continue Reading
Euro USD - Eurodollars

Continue to short Eurodollars

Energy: I was looking for a rally to get short Crude oil again after exiting client’s bearish trades and the market delivered higher by 2.64% today. I did not catch the high today so clients that resold October futures are down on the futures leg. I opted to buy 1:1 September $105 calls against their […]

Continue Reading