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| Price | ▼ 0.38% | ▲ 2.12% | ▲ 8.62% | ▲ 5.23% |
| Energy | ▲ 12.0 | ▲ 22.9 | ▲ 119.0 | ▲ 21.1 |
Trend of Bull Extreme COCOA Weekly
▸When COCOA is in Bull Extreme:
- then COCOA moved to higher Market State: 0 times — 0%
- then COCOA moved to lower Market State: 42 times — 100%
▸Current COCOA market energy: 99.77%
- Distance to peak 100%: 0.23%
- Distance to lower bound of Bull Extreme (at 74.5%): 25.27%
"Does history really repeat itself?" — 2AITRADING
Measurement result after the Weekly candle closes, COCOA classified as the Bull Extreme state.
Observing the COCOA market this session, Market Energy rose +21.1% from the previous session, from 78.7% to 99.8%.
Time in Bull Extreme energy zone: 2 Weekly 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.
Not enough data in the past 5 days to show a range.
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What did COCOA price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 03-08-2020 closed, COCOA was at 2,585, up 5.23% from the previous candle (2,456.5). Market Energy was 99.8%, up 21.1 points from 78.7%, 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 Weekly candle, and how large is that historically?
COCOA closed at 2,585, up 5.23% from the previous Weekly candle (2,456.5). This rise is larger than 92% of past rises on the Weekly timeframe for COCOA, across 119 candles since 2019.
How did COCOA Market Energy change from the previous candle?
Market Energy rose 21.1 percentage points from the previous candle — from 78.7% to 99.8%. This rise is larger than 71% of past rises on the Weekly timeframe for COCOA.
Do COCOA price and energy agree?
Yes. Both price and energy moved up on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was COCOA in on the previous Weekly candle?
The previous Weekly candle had COCOA at 78.7%, Bull Extreme — this candle kept the same state, no zone change.
Where does COCOA energy sit within the Bull Extreme zone?
At 99.8%, COCOA is 0.23 points from the upper boundary of Bull Extreme (100%) and 25.27 points from the lower boundary (74.5%) — so energy sits closer to the upper 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 Extreme with energy 82.2%; GER40 (European equities) in Neutral with energy -6.8%. Against this backdrop, COCOA (Bull Extreme, 99.8%) has higher energy than GER40; sits in the same state zone as 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 Extreme with Market Energy 77%. COCOA (Bull Extreme) 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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