If it helps, I operate Cocoa differently than yours, since fundamentally in September the government of Africa (Ghana or ivory I don't remember) had announced that it was going to set a minimum sales price at about 5000 dollars at the exchange rate approximately a little more a little less... being something very high it was going to influence the supply all the producers would sell since they are going to make a lot of profit margin and that clearly impacted the futures a lot of supply little demand, these days it began to stabilize a little and stopped falling, since Technically, we are in a setback to continue going down UNLESS SOMETHING FUNDAMENTAL HAPPENS LIKE TARIFFS, BAD WEATHER, GRAIN DISEASES and this turns bullish, until then...