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bearish
Cocoa Market Started Collapsing // Soybean Spreads crash down
SUMMARY
- Cocoa Market Started Collapsing Run-ups in commodity markets tend to be slow but steady but meltdowns on the other hand fast and sharp - a bit comparable with equity markets but definitely more volatile.
- Especially Parabolic advances, like the one in cocoa futures, often end with a sweeping reversal.
- Fortunately, the soybean complex is one we covered intensively during this year.
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