7th Feb - Is Cocoa’s Slide Slowing?
07 February 2013
WEEKLY CHART – CONTINUATION:
The fall back from ahead of the 50% retracement has been deep. Support on this chart is now offered by the 76.4% retracement near 2100.
DAILY CHART – Mar-13:
Current support is coming from the falling support line, following erosion of the 76.4% pullback level.
Note that there is now a positive RSI divergence which suggests the bears are tired. An initial recovery through resistance from the 2322 09-Nov low would be the first positive signal.
At this stage any speculative buyers would probably have stops below the 2065 Jun-12 low.
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14th Feb - Coffee Still Looks Weak 
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7th February - European Stocks diverge