·
COCOA is currently leaning slightly toward sellers, energy -12.5%. 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 →
To jump to a symbol you're interested in, click .
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: -12.47%
- Distance to upper bound of Neutral (at 20.88%): 33.35%
- Distance to lower bound of Neutral (at -20.88%): 8.41%
"To truly understand anything, study its history" — 2AITRADING
After the Daily candle closes, Market Energy of COCOA indicates the Bull/Bear balanced state.
Per the 2AiTrading energy measurement system, Market Energy moved from -69.9% to -12.5%, up +57.4% from the previous candle.
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 -77.9 to -12.5.
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 21-12-2020 closed, COCOA was in Neutral with Market Energy -12.5%, 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 rose 57.4 percentage points from the previous candle — from -69.9% to -12.5%.
What state was COCOA in on the previous Daily candle?
The previous Daily candle had COCOA at -69.9%, Bear Critical — when this candle closed, COCOA moved up to a higher zone: Bear Critical → Neutral.
Where does COCOA energy sit within the Neutral zone?
At -12.5%, COCOA is 33.35 points from the upper boundary of Neutral (20.88%) and 8.41 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 38.9%; GER40 (European equities) in Bear Bias with energy -25.6%. Against this backdrop, COCOA (Neutral, -12.5%) 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 Bull Bias with Market Energy 54.2%. COCOA energy is currently below DXY by 66.7 points.
See the real-time energy chart for COCOA.
Open Energy ChartSee the full 2AiTrading Model data for COCOA on the COCOA overview →
To jump to a symbol you're interested in, click .