CCJULY 10-5-2010

Updating CC movement.
The last reading regarding CC movement at wave 2, the possible expanding triangle at wave iv at wave C at wave 2 was wrong. Actually CC had completed its 5 wave structure on wave C. So now CC is running on its wave (3) major decline, so the possible movement on last friday was, CC had completed its wave iii minor at wave 1 intermediate for major wave (3). The latest incline movement was possibly wave iv at wave 1, so we still expecting more decline for wave v to complete wave 1 intermediate.
I hope this reading to be correct, so i will enter the market with correct positions.
Pray to GOD, may this be true.... Amin.....

CC JULY 5-5-2010

Cocoa July is running on its abc correction wave 4 in wave C for wave 2, most likely its going to be a 5 wave structure at wave C, last night cocoa had completed wave iii at 3136 and later developing its wave iv in wave c for abc corrrection at wave 4.
Assumption for cocoa now is, its trying to completing its 5 wave structure down for wave C, so i hope tonight cocoa will make its wave 5 near 3125.
Hope So....

Cocoa July H4 27-4-2010

The 240 minutes movement in Nybot Cocoa July 2010 contract.

Cocoa Daily 27-4-2010

My analysis for Cocoa July Nybot as of 27 april 2010.
Cocoa has completed its 5 wave impuls movement downward, moving from 3485 high to 2745 low, as a wave (1). and most likely completed it's correction wave (2) with zig-zag abc, targeting 1.618 wave a. I'm setting up my short positions near the end of wave c, for the next wave (3) movement downward. I hope this movement will take place soon, probably around this week. I'm praying to God, to give me profit for this trade. Amin.

aliy.

My Simplify Elliot Wave Analysis

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aliy.