Cocoa

CCN7-8

Cocoa is the weakest commodity within the entire commodity universe.  I have an order to sell CCN7 @ 1805.  My indicators suggest cocoa is headed much lower over the course of the next several months.  Of course, I could be wrong.  The market turns bullish on a close above 2188.  www.ReiterInvest.com

 

Author: reiterdave

Dave Reiter is a proprietary trader of stocks & commodities. Dave’s trading career began in 1989. He is the managing member of Reiter Capital Investments LLC, a prop trading firm located in Muenster, TX. Dave has a passion for teaching others how to become successful traders. He is one of the few people in the financial publishing industry who trades real-time with real money. Dave releases all of his personal trades on a daily basis through his investment newsletter. Dave’s website is www.ReiterInvest.com. His Twitter address is @TradesByDave.

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