Cocoa near all time high
- Thread starter Sekiyo
- Start date
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MAIN TREND is still up from 1973-74, so seller beware LOL.
Assume my charts are right.[Different market but same principle, C is not near the uptrend some think\they reverse split it 10 times, so $42.42 on citigroup=$4.24, really.]
[BUT i do some counter trend$ on SPY, short SPY = SH,SPXS....................]
Interesting, long term, i thought i would make more with SQQQ, PSQ[like a short, but inverse QQQ].
Actually a countertrend[SQQQ] like that \i averaged MORE LOSS , strangely .
NO wonder , when the main QQQ uptrend kicks up anytime, those qqq longhorns trample the bears
[My SQQQ trades LOL]
Helpful principle, not sayin any of these are connected with cocoa uptrend.
barchart.com has cocoa, today/ mostly long term buy/ medium term buy; short term sell
MAIN TREND is still up from 1973-74, so seller beware LOL.
Assume my charts are right.[Different market but same principle, C is not near the uptrend some think\they reverse split it 10 times, so $42.42 on citigroup=$4.24, really.]
[BUT i do some counter trend$ on SPY, short SPY = SH,SPXS....................]
Interesting, long term, i thought i would make more with SQQQ, PSQ[like a short, but inverse QQQ].
Actually a countertrend[SQQQ] like that \i averaged MORE LOSS , strangely .
NO wonder , when the main QQQ uptrend kicks up anytime, those qqq longhorns trample the bears
[My SQQQ trades LOL]Helpful principle, not sayin any of these are connected with cocoa uptrend.
barchart.com has cocoa, today/ mostly long term buy/ medium term buy; short term sell
it looks like a buy the dip over here for me. but that is base on my strategy. i would enter here going long and place a stop loss around 3222. profit target around 3570 or if it goes higher...put a trailing stop loss.
