Cocoa Cocoallapse ?

Discussion in 'Ag Futures' started by Shagi, Jan 10, 2010.

  1. Shagi

    Shagi

    mmmmmm - whats happening here ?
     
  2. Shagi

    Shagi

    Conclusion is nobody knows what the heck is going on there including the major producers. There is chaos in major producer countries so any WASDE estimates due for release will be inaccurate/unriable data.

    so what do we do - we take a futures calendar straddle position on the open tommorow - short CCK0 and Long CCH0 - either way a big move is on the way. Stay Tuned
    :D
     
  3. risky63

    risky63

    sugar made a bullish chart formation that usually leads to 1 more leg up after some small consoldation here.
    does that help?