NY cocoa ends four-day slide with minor rebound

At the end of May, benchmark Sep-21 NY cocoa consolidated below its 20-day moving average but saw a four-day slide from last Wednesday to this Monday’s one-month low. After breaking support around $2,445 Monday and closing near its lower Bollinger Band, the contract rebounded [...]

NY & London cocoa showing short-term range-bound trading

After trading in heady heights in late November above $2,700, Mar-21 NY cocoa returned to a $200 range from $2,460 to $2,660 through most of December and into early January. Save for a modest runup in late December, the contract has continued to find [...]

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