Sunday, 12 September 2010

Coffee- Cocoa spread

Below is the daily spread chart between long Coffee and short Cocoa (both ICE US/NYBOT contracts)












Here is the inverse ie: short Coffee Long Cocoa










Finally here are the individual contracts which shows the rather sluggish performance of Cocoa compared with Coffee in both daily charts. The daily spread chart have a simple forks applied and we have taken out the previous highs to the left and the spread seems to be heading towards the centre line.








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