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| Price | ▼ 0.02% | ▼ 0.02% | ▲ 0.56% | ▲ 0.14% |
| Energy | ▲ 9.0 | ▼ 1.8 | ▲ 57.2 | ▼ 5.7 |
Trend of Bull Extreme COCOA 1H
▸When COCOA is in Bull Extreme:
- then COCOA moved to higher Market State: 0 times — 0%
- then COCOA moved to lower Market State: 934 times — 100%
▸Current COCOA market energy: 75.81%
- Distance to peak 100%: 24.19%
- Distance to lower bound of Bull Extreme (at 74.5%): 1.31%
"To truly understand anything, study its history" — 2AITRADING
Measurement result after the 1H candle closes, COCOA shows the Bull Extreme measurement.
On the 2AiTrading energy system, Market Energy dropped -5.7% from the previous candle, from 81.5% to 75.8%.
Time in Bull Extreme energy zone: 2 1H 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 -88.8 to +95.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COCOA price and energy show when this 1H candle closed?
When the 1H candle at 16:00 on 06-04-2023 closed, COCOA was at 2,902.5, up 0.14% from the previous candle (2,898.5). Market Energy was 75.8%, down 5.7 points from 81.5%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did COCOA price move on this 1H candle, and how large is that historically?
COCOA closed at 2,902.5, up 0.14% from the previous 1H candle (2,898.5). This rise is larger than 29% of past rises on the 1H timeframe for COCOA, across 10,527 candles since 2019.
How did COCOA Market Energy change from the previous candle?
Market Energy fell 5.7 percentage points from the previous candle — from 81.5% to 75.8%. This drop is larger than 34% of past drops on the 1H timeframe for COCOA.
Do COCOA price and energy agree?
No. This candle recorded a price rise with energy moving the other way. This describes a closed candle, not a forecast of where price goes next.
What state was COCOA in on the previous 1H candle?
The previous 1H candle had COCOA at 81.5%, Bull Extreme — this candle kept the same state, no zone change.
Where does COCOA energy sit within the Bull Extreme zone?
At 75.8%, COCOA is 24.19 points from the upper boundary of Bull Extreme (100%) and 1.31 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bull Extreme mean?
Bull Extreme 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 Extreme 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 52.2%; GER40 (European equities) in Bull Critical with energy 72.3%. Against this backdrop, COCOA (Bull Extreme, 75.8%) 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 Neutral with Market Energy -20.8%. COCOA energy is currently above DXY by 96.6 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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