US Cocoa Futures - May 25 (CCK5)

Real-time derived
Currency in USD
9,140.00
-1,127.00(-10.98%)
Closed

US Cocoa Futures Discussions

i really think this is coming for the 7000 again its been a magnet many times then a lovely bounce from there.
That would be wonderful :-)), I hope so.
hi Jordan Johnson, what do you think about Monday? it looks like 9200 and it won't go lower. maybe back up 10k on Monday
I may not be the one asked, but that's kinda wishful thinking? Correction to 9.8 at best and lower again i'd say
Mark Ff Thanks, I'm happy for any opinion. I think so too.
-12 or -15 % today ?
8894 is the 100 day sma. should have resistance there. I'll keep everyone updated as we go through this lower band ride.
ulala nice profits for me
ulala nice profits for me
yep..i like this. down today up on monday
yes think the same , today only down and little UP on monday
like the good old days these are the moves we want to make real money
1-hourly strongly oversold. RSI of 13, it hasn't been like this for years. 10% drop in one day, there's no such thing. Ridiculous really. No trading rules.
But when here were days when cocoa surges over 10% it was normal ?
It's not ridiculous. Cocoa went up 600 percent in a little more than a year and now it is giving a lot back. Look at OJ. It dropped 40 percent in 6 weeks. That is what happens in a bubble.
time to 6000
I am out wirh 6,5 loss bad day!
sorry man.. it will be a good day again soon and you will make money
if this closes under 9000 today monday we slide more
so I suppose monday would go at least at 10k
what do you think is the real bottom for today's bloodbath? under 9000?
lets go baby back to 7000 base line and bounce from there
I had to much work …. And i miss the ride. F. Meeeeee . I wanted to place short today at 7 but didnt predicted -8 …. More like -3. Eh :(
I dont care about cocoa anymore. Shit
my words but I still have 3 positions here 7500- 8000 so I have to be here if I do it I prefer natgas
Nothing has happened since yesterday, or even this week, to justify such a big price movement. Unfortunately, this stupid price movement is not uncommon in the case of cocoa. The market is illiquid, and real fundamentals have long ceased to count. Cocoa has been selling for hours without a minimum correction, without a rebound. Will it break through all supports? According to Trading Economics, the year-end target price for cocoa is 13,869 USD !!!!
Funds drive the ship and they are exiting.  Another COT report comes out today and we will see more fund liquidation
Take a look at what has happened to OJ. That is what happens when a bubble bursts. Since OJ broke 4.60 there has been no bounce. It gave up all of 2024's gains in a few weeks. Eventually cocoa and coffee will do the same.
Where is another support? do you think that we can return to 10500?
The price has already reached the bottom of the H&S formation.
kidding me ... no pull back ?
1 H RSI 15.77??? Joke.
Adam Gyurko yep
Armageddon
3k down in an hour
Absolutely low
...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.