Elliott Wave 5.0 "Reboot"

Saturday, February 20, 2016

Cocoa 1976-2016 Review: Oh No, Not Another Shortage!

News from 2012

News from 2013

News from 2014 

News From 2015 

And some news from 2016

Cocoa patterns move in radical directions with many extreme spikes and is very normal for leveraged instruments like futures.  All sorts of problems have besieged the cocoa market and  I think the price pattern is legit created by true supply and demand situations. Of course cocoa would also be seasonal, so that explains any sudden crashes that may occur. 

Either way cocoa should exceed the 1976 peak at some point in the future.