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News 2026-09-16 08:00 UTC

NY cocoa could break support near $5,776 and drop toward $5,529

TradingView News says New York December cocoa may break support at $5,776 per metric ton and fall toward $5,529. It notes prior bounces above that level as a pullback toward a rising trendline, tied to a three-wave cycle that previously referenced $6,821.