
In an April 18, Barchart article on the explosive cocoa futures market, I wrote:
Cocoa will eventually reach a top, but the trend is always your best friend in all markets, and it remains bullish in cocoa in mid-April 2024. Cocoa led the soft commodities sector in 2023 and Q1 2024. Time will tell if cocoa continues to hold the bullish baton at the end of June when Q2 ends.