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20/12/16 9:37(CET)_Signal UPDATE Cocoa Short from 20/12/14 16:26_TAKE PROFIT

SIGNAL TERMINATION – COCOA SHORT – TAKE PROFIT

ORIGINAL TEXT: Cocoa Short.Cocoa is following a strong upward trend, which, however, maintains a trading margin of 400 trading points. The price is currently being adjusted with a potential approach to the support line of USD 2,500 per tonne for the futures contract. Fundamental information as well as the current price, which is above 70% of the average price limit, gives a higher chance for a short outlook. The published analysis is of a short-term nature.

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