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| Price | ▼ 0.21% | ▼ 0.15% | ▲ 1.44% | ▼ 0.08% |
| Energy | ▲ 6.0 | ▼ 3.0 | ▲ 28.1 | ▲ 1.9 |
Trend of Bull Bias COCOA Daily
▸When COCOA is in Bull Bias:
- then COCOA moved to higher Market State: 111 times — 47.8%
- then COCOA moved to lower Market State: 121 times — 52.2%
▸Current COCOA market energy: 21.68%
- Distance to upper bound of Bull Bias (at 60%): 38.32%
- Distance to lower bound of Bull Bias (at 20.88%): 0.8%
"A person's history reveals more than you might think" — 2AITRADING
The Bull Bias level recorded from just-completed Daily candle data for COCOA.
Per the 2AiTrading energy measurement system, Market Energy rose +1.9% this candle, currently 21.7% (previous candle 19.7%).
Time in Bull Bias 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 -11.4 to +21.7.
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 27-01-2023 closed, COCOA was at 2,646.5, down 0.08% from the previous candle (2,648.5). Market Energy was 21.7%, up 1.9 points from 19.7%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did COCOA price move on this Daily candle, and how large is that historically?
COCOA closed at 2,646.5, down 0.08% from the previous Daily candle (2,648.5). This drop is larger than 4% of past drops on the Daily timeframe for COCOA, across 1,019 candles since 2019.
How did COCOA Market Energy change from the previous candle?
Market Energy rose 1.9 percentage points from the previous candle — from 19.7% to 21.7%. This rise is larger than 10% of past rises on the Daily timeframe for COCOA.
Do COCOA price and energy agree?
No. On this candle price fell but energy rose — the two moved in opposite directions. 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 19.7%, Neutral — when this candle closed, COCOA moved up to a higher zone: Neutral → Bull Bias.
Where does COCOA energy sit within the Bull Bias zone?
At 21.7%, COCOA is 38.32 points from the upper boundary of Bull Bias (60%) and 0.8 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull Bias 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 Bias 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 27.6%; GER40 (European equities) in Bull Bias with energy 27.8%. Against this backdrop, COCOA (Bull Bias, 21.7%) sits in the same state zone as 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 Neutral with Market Energy 14%. COCOA energy is currently above DXY by 7.7 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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