CC running into support and out of steam, from short to neutral

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Moving from short to neutral as cocoa runs into support and seams to run out of steam.

RSI and Stochastik are in oversold areas. Even though we didnt reach the red target line, I am cautious about the short position.

Dec/Mar future spreads are firmer today indicating.

Yet too early to reverse the position IMHO

Penafian

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