·
| Price | ▼ 0.34% | ▼ 5.51% | ▲ 6.33% | ▼ 3.51% |
| Energy | ▼ 8.7 | ▼ 37.0 | ▲ 6.3 | ▼ 12.3 |
Trend of Bull Bias COFFEE Weekly
▸When COFFEE is in Bull Bias:
- then COFFEE moved to higher Market State: 21 times — 36.8%
- then COFFEE moved to lower Market State: 36 times — 63.2%
▸Current COFFEE market energy: 26.37%
- Distance to upper bound of Bull Bias (at 60%): 33.63%
- Distance to lower bound of Bull Bias (at 20.88%): 5.49%
"Does history really repeat itself?" — 2AITRADING
Right as the Weekly candle closes, COFFEE noted at the Bull Bias level.
Per the 2AiTrading energy measurement system, Market Energy reading dropped -12.3%, moving from 38.7% to 26.4% after the Weekly candle.
Time in Bull Bias energy zone: 3 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.
Over the past 5 days, COFFEE Market Energy ranged from +26.4 to +38.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COFFEE price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 01-11-2018 closed, COFFEE was at 1.1348, down 3.51% from the previous candle (1.176). Market Energy was 26.4%, down 12.3 points from 38.7%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did COFFEE price move on this Weekly candle, and how large is that historically?
COFFEE closed at 1.1348, down 3.51% from the previous Weekly candle (1.176).
How did COFFEE Market Energy change from the previous candle?
Market Energy fell 12.3 percentage points from the previous candle — from 38.7% to 26.4%.
Do COFFEE 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 COFFEE in on the previous Weekly candle?
The previous Weekly candle had COFFEE at 38.7%, Bull Bias — this candle kept the same state, no zone change.
Where does COFFEE energy sit within the Bull Bias zone?
At 26.4%, COFFEE is 33.63 points from the upper boundary of Bull Bias (60%) and 5.49 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull Bias 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 Bias 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 -52.4%; GER40 (European equities) in Bear Bias with energy -39.6%. Against this backdrop, COFFEE (Bull Bias, 26.4%) 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 94.9%. COFFEE (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for COFFEE.
Open Energy ChartSee the full 2AiTrading Model data for COFFEE on the COFFEE overview →
To jump to a symbol you're interested in, click .