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| Price | ▼ 4.23% | ▼ 1.62% | ▼ 2.66% | ▼ 1.71% |
| Energy | ▼ 42.0 | ▼ 40.6 | ▼ 16.0 | ▼ 9.4 |
Trend of Bear Critical COCOA Weekly
▸When COCOA is in Bear Critical:
- then COCOA moved to higher Market State: 27 times — 79.4%
- then COCOA moved to lower Market State: 7 times — 20.6%
▸Current COCOA market energy: -69.87%
- Distance to upper bound of Bear Critical (at -60%): 9.87%
- Distance to lower bound of Bear Critical (at -74.5%): 4.63%
"Does history really repeat itself?" — 2AITRADING
After the Weekly data updates, COCOA noted at the Bear Critical state.
The COCOA market at session end, Market Energy dropped -9.4% this candle, currently -69.9% (previous candle -60.4%).
Time in Bear Critical energy zone: 1 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.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COCOA price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 05-04-2021 closed, COCOA was at 2,388.5, down 1.71% from the previous candle (2,430). Market Energy was -69.9%, down 9.4 points from -60.4%, 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 Weekly candle, and how large is that historically?
COCOA closed at 2,388.5, down 1.71% from the previous Weekly candle (2,430). This drop is larger than 53% of past drops on the Weekly timeframe for COCOA, across 154 candles since 2019.
How did COCOA Market Energy change from the previous candle?
Market Energy fell 9.4 percentage points from the previous candle — from -60.4% to -69.9%. This drop is larger than 45% of past drops on the Weekly timeframe for COCOA.
Do COCOA price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was COCOA in on the previous Weekly candle?
The previous Weekly candle had COCOA at -60.4%, Bear Critical — this candle kept the same state, no zone change.
Where does COCOA energy sit within the Bear Critical zone?
At -69.9%, COCOA is 9.87 points from the upper boundary of Bear Critical (-60%) and 4.63 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 Bias with energy 47.8%; GER40 (European equities) in Bull Extreme with energy 87.7%. Against this backdrop, COCOA (Bear Critical, -69.9%) 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 Neutral with Market Energy -13.6%. COCOA energy is currently below DXY by 56.3 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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