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| Price | ▲ 1.80% | ▲ 0.48% | ▲ 0.92% | ▼ 2.82% |
| Energy | ▲ 39.7 | ▲ 5.9 | ▼ 3.5 | ▼ 55.3 |
Trend of Neutral COCOA Daily
▸When COCOA is in Neutral:
- then COCOA moved to higher Market State: 115 times — 51.6%
- then COCOA moved to lower Market State: 108 times — 48.4%
▸Current COCOA market energy: 16.79%
- Distance to upper bound of Neutral (at 20.88%): 4.09%
- Distance to lower bound of Neutral (at -20.88%): 37.67%
"A person's history reveals more than you might think" — 2AITRADING
After the Daily data updates, COCOA in the Neutral zone.
Market trend on the 2AiTrading energy system Energy delta -55.3%: Market Energy at 16.8%, previously 72.1%.
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 +16.8 to +75.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COCOA price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 27-10-2020 closed, COCOA was at 2,450.5, down 2.82% from the previous candle (2,521.5). Market Energy was 16.8%, down 55.3 points from 72.1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did COCOA price move on this Daily candle, and how large is that historically?
COCOA closed at 2,450.5, down 2.82% from the previous Daily candle (2,521.5). This drop is larger than 93% of past drops on the Daily timeframe for COCOA, across 457 candles since 2019.
How did COCOA Market Energy change from the previous candle?
Market Energy fell 55.3 percentage points from the previous candle — from 72.1% to 16.8%. This drop is larger than 91% of past drops on the Daily timeframe for COCOA.
Do COCOA price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was COCOA in on the previous Daily candle?
The previous Daily candle had COCOA at 72.1%, Bull Critical — when this candle closed, COCOA moved down to a lower zone: Bull Critical → Neutral.
Where does COCOA energy sit within the Neutral zone?
At 16.8%, COCOA is 4.09 points from the upper boundary of Neutral (20.88%) and 37.67 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 Bull Bias with energy 29.2%; GER40 (European equities) in Bear Bias with energy -36.5%. Against this backdrop, COCOA (Neutral, 16.8%) has higher energy than GER40; lower than SPX500.
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 Neutral with Market Energy 16.8%. COCOA energy is currently below DXY by 0 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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