Elliott Wave International | World's Largest Market Forecasting Firm Since 1979
Please Login
   
| What's My Password?
 
TAG: DIAGONAL Return to Free Updates Home Page

Cocoa: Keep Your Head On Your Shoulders
EWI's Futures Junctures Service reveals a powerful head-and-shoulders pattern underway in cocoa.

By Nico Isaac
2/1/2012 4:00:00 PM

Today, my sweet tooth has gotten the best of me as I sit down with EWI's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy to discuss the past year in cocoa. My first order of business: This time last year, cocoa prices were orbiting the outer-galactic regions of a three-DECADE high. And -- with Ivory Coast tensions intensifying alongside an increase in demand from China -- all the "fundamental" signs pointed UP.

Filed Under: Cocoa, cocoa futures, Cocoa, Elliott Wave Trading, Jeffrey Kennedy, diagonal, diagonal triangle, Elliott wave, Elliott Wave trading, head and shoulders pattern

Category: Commodities

Why Cocoa's 2011 Bear Market Was A Foreseeable Event
EWI's January 2011 and March 2011 Monthly Futures Junctures anticipated a powerful downtrend in cocoa for the year ahead. Now what?

By Nico Isaac
12/22/2011 5:30:00 PM

The time is March 2011. Cocoa prices have soared to the out-of-orbit regions of a 32-year high. And, according to the mainstream experts, ongoing political tensions in the world's leading cocoa producer, Ivory Coast, sealed the market's bullish fate. Their magic "bull"et being the refusal of incumbent President Gbagbo to cede power after losing the November 28, 2010 parliamentary elections to newly recognized leader Outtara.

Filed Under: Cocoa, cocoa futures, diagonal, diagonal triangle, Elliott wave, Elliott Wave trading, futures trading, Jeffrey Kennedy

Category: Commodities

After 4 Years, Cocoa Prices Say "Goodbye" to an Important Elliott Wave Pattern
EWI's Daily Futures Junctures shows the near-, and long-term trend underway in cocoa and other key commodity markets

By Nico Isaac
11/15/2011 3:30:00 PM

Today (November 15) I sat down with Elliott Wave International's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy to discuss his favorite wave pattern of all: the diagonal triangle. Then, we discuss an actual, real-world diagonal that developed in the price chart of cocoa over a four-year long period.

Filed Under: Cocoa, Elliott Wave trading, Jeffrey Kennedy, diagonal

Category: Commodities
Sign up for your FREE Elliott Wave Newsletters!
The Independent - What's this?
The Weekly Select - What's this?
Latest Articles
Categories and RSS
RSS: Stocks Stocks RSS: Stocks Real Estate
RSS: Stocks Interest Rates RSS: Stocks U.S. Economy
RSS: Stocks Currencies RSS: Stocks Asian Markets
RSS: Stocks Energy RSS: Stocks Classic Prechter
RSS: Stocks Commodities RSS: Stocks Cultural Trends
RSS: Stocks Gold and Silver RSS: Stocks European Markets
Press Room
Browse Recent Media Articles that Mention EWI or Feature EWI Analysts
As the markets enter what Bob Prechter calls "the point of recognition," we notice that mainstream media pundits who get it start to notice us, our analysts and our forecasts. You can browse dozens of recent media articles about EWI in the EWI Press Room.
home
|
subscribers
|
traders
|
store
|
free stuff
|
education
|
about us
|
contact us
|
privacy
|
affiliates
|
robert prechter
The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.
© 2012 Elliott Wave International