CME Cocoa flat Friday, closed at $2,743 while in the midst of a bearish run

Cocoa is on a 3 day downtrend With a marginal improvement upon Friday's session, Cocoa moves 0.18% to close at $2,743 per metric tonne Friday.

Data to be released today might clear up some of the market fog as United States Core Durable Goods Orders is projected to outperform its last figure with 0.1%. It previously stood at -0.2%; data will be released tomorrow at 13:30 UTC. Tomorrow at 15:00 UTC data for United States Pending Home Sales will be released, with an expected decline to 1% from the preceding figure of 2.5%.

Having set a significant high of $2,795 4 days ago, the Cocoa future is trading 1.68% lower.