TMV Swing Trade report – Long July Cocoa @ 2957 – last price @ 3026 – The market surged higher and tested the ascending median line and the prior swing high at 3062. This price level should act as the initial target objective where the market could pull back before making another push higher. Short-term swing traders can use this price level as a target objective to cover long positions.

July Cocoa 60-minute chart - click to enlarge

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