cocoa future trade idea – cullen outlook – formation finder
This is a sample of Brian’s email newsletter, The Cullen Outlook.
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We got involved in this trade on Thursday at 2080 as the market banged up against 2100 again and started to trade lower.
The market was turned away in the overnight and we settled at 2012
If you chose to get involved in this trade, great job! Time to reward yourself and move your stop, take profits or sell a put.
Consider break-even for now and down to 2040… if 2000 is penetrated overnight or tomorrow.
Have a look at the price action in Cocoa… (click chart to enlarge)
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