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| Price | ▲ 1.09% | ▼ 0.34% | ▼ 1.54% | ▲ 0.96% |
| Energy | ▼ 0.5 | ▼ 2.7 | ▼ 17.9 | ▼ 4.8 |
Trend of Bull Critical COCOA Daily
▸When COCOA is in Bull Critical:
- then COCOA moved to higher Market State: 50 times — 31.8%
- then COCOA moved to lower Market State: 107 times — 68.2%
▸Current COCOA market energy: 73.56%
- Distance to upper bound of Bull Critical (at 74.5%): 0.94%
- Distance to lower bound of Bull Critical (at 60%): 13.56%
"History always repeats itself, one way or another" — 2AITRADING
After the Daily candle closes, COCOA reflects Bull Critical of Market Energy.
Per the 2AiTrading energy measurement system, Market Energy dropped -4.8% this candle, currently 73.6% (previous candle 78.4%).
Time in Bull Critical 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 +73.6 to +99.
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 27-11-2020 closed, COCOA was at 2,901.5, up 0.96% from the previous candle (2,874). Market Energy was 73.6%, down 4.8 points from 78.4%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did COCOA price move on this Daily candle, and how large is that historically?
COCOA closed at 2,901.5, up 0.96% from the previous Daily candle (2,874). This rise is larger than 39% of past rises on the Daily timeframe for COCOA, across 479 candles since 2019.
How did COCOA Market Energy change from the previous candle?
Market Energy fell 4.8 percentage points from the previous candle — from 78.4% to 73.6%. This drop is larger than 22% of past drops on the Daily timeframe for COCOA.
Do COCOA price and energy agree?
No. This candle recorded a price rise with energy moving the other way. This describes the candle that just closed; it does not say where price goes next.
What state was COCOA in on the previous Daily candle?
The previous Daily candle had COCOA at 78.4%, Bull Extreme — when this candle closed, COCOA moved down to a lower zone: Bull Extreme → Bull Critical.
Where does COCOA energy sit within the Bull Critical zone?
At 73.6%, COCOA is 0.94 points from the upper boundary of Bull Critical (74.5%) and 13.56 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.
What does Bull Critical mean?
Bull Critical is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Critical 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 Bias with energy -42.7%; GER40 (European equities) in Bear Bias with energy -33.8%. Against this backdrop, COCOA (Bull Critical, 73.6%) has higher energy than SPX500, 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 25.3%. COCOA (Bull Critical) and DXY currently sit on the same Bull side.
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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