London Cocoa Futures
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Possible roll-over top in London Cocoa

London Mar 24 Cocoa violated its parabolic advance (linear scale) in recent weeks and was unable to trend higher. Today's decline appears to be a possible failure top roll-over similar to the chart in NY Sugar that led to a precipitous decline in Sugar during December.

Could the same type of decline occur in Cocoa? Who knows. Factor Prop Account shorted London Cocoa early this morning.

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