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| Price | ▲ 0.76% | ▲ 0.99% | ▼ 0.60% | ▼ 0.02% |
| Energy | ▲ 29.0 | ▲ 27.6 | ▼ 13.3 | ▼ 11.3 |
Trend of Bull Critical COCOA 1H
▸When COCOA is in Bull Critical:
- then COCOA moved to higher Market State: 393 times — 35.6%
- then COCOA moved to lower Market State: 712 times — 64.4%
▸Current COCOA market energy: 72.7%
- Distance to upper bound of Bull Critical (at 74.5%): 1.8%
- Distance to lower bound of Bull Critical (at 60%): 12.7%
"Let data guide you, but never trust it completely" — 2AITRADING
From the just-closed 1H candle data, Market COCOA in the Bull Critical measurement.
Market energy movement Compared to the previous candle (84%), Market Energy dropped -11.3% to 72.7%.
Time in Bull Critical energy zone: 1 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 -99.7 to +97.4.
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 22:00 on 09-01-2024 closed, COCOA was at 4,139, down 0.02% from the previous candle (4,139.9). Market Energy was 72.7%, down 11.3 points from 84%, 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 1H candle, and how large is that historically?
COCOA closed at 4,139, down 0.02% from the previous 1H candle (4,139.9). This drop is larger than 3% of past drops on the 1H timeframe for COCOA, across 12,394 candles since 2019.
How did COCOA Market Energy change from the previous candle?
Market Energy fell 11.3 percentage points from the previous candle — from 84% to 72.7%. This drop is larger than 53% of past drops on the 1H timeframe for COCOA.
Do COCOA price and energy agree?
Yes. Both price and energy moved down on this candle. 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 84%, 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 72.7%, COCOA is 1.8 points from the upper boundary of Bull Critical (74.5%) and 12.7 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 -39.7%; GER40 (European equities) in Neutral with energy 0.7%. Against this backdrop, COCOA (Bull Critical, 72.7%) 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 Extreme with Market Energy 80.9%. 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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