Analysis

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Candle open
Price and energy
COCOA from 4,464.2 to 4,194, down 6.05%
Market Energy Bear Critical -63.6% to Bear Critical -70.5%, down 6.8 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 5.23%▲ 2.73%▲ 2.10%▼ 6.05%
Energy▲ 6.3▲ 11.1▲ 12.4▼ 6.8
Volatility trend chart · last 4 sessions
▼ 5.23%▲ 2.73%▲ 2.10%▼ 6.05%▲ 6.3▲ 11.1▲ 12.4▼ 6.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 6.05% — higher than 97% of past drops
0%255075100%
Energy down 6.8 pts — higher than 30% of past drops
RESEARCH

Trend of Bear Critical COCOA Daily

Sample: 2,640 Daily candles from 2013-01-03 to 2026-10-07
Number of Bear Critical occurrences: 138 times

▸When COCOA is in Bear Critical:

  • then COCOA moved to higher Market State: 97 times — 70.3%
  • then COCOA moved to lower Market State: 41 times — 29.7%

▸Current COCOA market energy: -70.49%

  • Distance to upper bound of Bear Critical (at -60%): 10.49%
  • Distance to lower bound of Bear Critical (at -74.5%): 4.01%

"Why does archaeology matter?" — 2AITRADING

COCOA · D1 · 2026-01-28 00:00 UTC
Preview the last 30 candles — price and energy
View live COCOA chart →
Market Energy
-63.6%
Bear Critical
-70.5%
Bear Critical
-65.3%
Bear Critical
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

After the Daily candle closes, COCOA recorded in the near-extreme Bear energy level.

Looking at the Market Energy reading, Market Energy dropped -6.8% from the previous candle, from -63.6% to -70.5%.

Time in Bear Critical energy zone: 1 Daily Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, COCOA Market Energy ranged from -87.2 to -63.6.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did COCOA price and energy show when this Daily candle closed?

When the Daily candle at 07:00 on 28-01-2026 closed, COCOA was at 4,194, down 6.05% from the previous candle (4,464.2). Market Energy was -70.5%, down 6.8 points from -63.6%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

How much did COCOA price move on this Daily candle, and how large is that historically?

COCOA closed at 4,194, down 6.05% from the previous Daily candle (4,464.2). This drop is larger than 97% of past drops on the Daily timeframe for COCOA, across 1,771 candles since 2019.

How did COCOA Market Energy change from the previous candle?

Market Energy fell 6.8 percentage points from the previous candle — from -63.6% to -70.5%. This drop is larger than 30% 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 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 -63.6%, Bear Critical — this candle kept the same state, no zone change.

Where does COCOA energy sit within the Bear Critical zone?

At -70.5%, COCOA is 10.49 points from the upper boundary of Bear Critical (-60%) and 4.01 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bear Critical mean?

Bear 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 Bear 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 Bull Extreme with energy 77.1%; GER40 (European equities) in Neutral with energy -20%. Against this backdrop, COCOA (Bear Critical, -70.5%) lower 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 Bear Extreme with Market Energy -88.5%. COCOA (Bear Critical) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for COCOA.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for COCOA on the COCOA overview →

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