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COCOA is currently leaning slightly toward buyers, energy +19.0%. This still sits in the Neutral zone — the probability of a clear trend is not yet defined.
See the full 2AiTrading Model data for COCOA on the COCOA overview →
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UP–DOWN statistics for Neutral COCOA Daily
▸When COCOA is in Neutral:
- then COCOA moved to higher Market State: 113 times — 51.6%
- then COCOA moved to lower Market State: 106 times — 48.4%
▸Current COCOA market energy: 18.96%
- Distance to upper bound of Neutral (at 20.88%): 1.92%
- Distance to lower bound of Neutral (at -20.88%): 39.84%
"Does history really repeat itself?" — 2AITRADING
The neutral energy level between Bull and Bear is the result just recorded for COCOA after the Daily candle closed.
On the 2AiTrading energy system, Market Energy dropped -8.3% this candle, currently 19% (previous candle 27.2%).
Time in Neutral energy zone: 1 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, COCOA Market Energy ranged from +10.6 to +47.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was COCOA on Daily when this candle closed?
When the Daily candle at 07:00 on 08-01-2020 closed, COCOA was in Neutral with Market Energy 19%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did COCOA Market Energy change from the previous candle?
Market Energy fell 8.3 percentage points from the previous candle — from 27.2% to 19%.
What state was COCOA in on the previous Daily candle?
The previous Daily candle had COCOA at 27.2%, Bull Bias — when this candle closed, COCOA moved down to a lower zone: Bull Bias → Neutral.
Where does COCOA energy sit within the Neutral zone?
At 19%, COCOA is 1.92 points from the upper boundary of Neutral (20.88%) and 39.84 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bear Extreme with energy -95.3%; GER40 (European equities) in Neutral with energy -19%. Against this backdrop, COCOA (Neutral, 19%) has higher energy than SPX500; sits in the same state zone as GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bull Bias with Market Energy 54.2%. COCOA energy is currently below DXY by 35.2 points.
See the real-time energy chart for COCOA.
Open Energy ChartSee the full 2AiTrading Model data for COCOA on the COCOA overview →
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