Analysis

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Candle open
Price and energy
COCOA from 6,305.65 to 6,158.85, down 2.33%
Market Energy Bull Bias 36.9% to Neutral -10.2%, down 47.1 pts
Down candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 2.04%▼ 3.82%▼ 3.45%▼ 2.33%
Energy▲ 3.3▼ 12.6▼ 49.4▼ 47.1
Volatility trend chart · last 4 sessions
▲ 2.04%▼ 3.82%▼ 3.45%▼ 2.33%▲ 3.3▼ 12.6▼ 49.4▼ 47.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 2.33% — higher than 77% of past drops
0%255075100%
Energy down 47.1 pts — higher than 87% of past drops
RESEARCH

Trend of Neutral COCOA Daily

Sample: 2,630 Daily candles from 2013-01-03 to 2026-09-23
Number of Neutral occurrences: 221 times

▸When COCOA is in Neutral:

  • then COCOA moved to higher Market State: 114 times — 51.6%
  • then COCOA moved to lower Market State: 107 times — 48.4%

▸Current COCOA market energy: -10.15%

  • Distance to upper bound of Neutral (at 20.88%): 31.03%
  • Distance to lower bound of Neutral (at -20.88%): 10.73%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

COCOA · D1 · 2026-09-03 00:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
36.9%
Bull Bias
-10.2%
Neutral
-12.6%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the Daily candle closes, COCOA in the neutral Bull/Bear zone.

Per the 2AiTrading energy measurement system, Market Energy moved from 36.9% to -10.2%, down -47.1% from the previous candle.

Time in Neutral energy zone: 1 Daily Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, COCOA Market Energy ranged from -10.2 to +98.9.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did COCOA price and energy show when this Daily candle closed?

When the Daily candle at 07:00 on 03-09-2026 closed, COCOA was at 6,158.85, down 2.33% from the previous candle (6,305.65). Market Energy was -10.2%, down 47.1 points from 36.9%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did COCOA price move on this Daily candle, and how large is that historically?

COCOA closed at 6,158.85, down 2.33% from the previous Daily candle (6,305.65). This drop is larger than 77% of past drops on the Daily timeframe for COCOA, across 1,924 candles since 2019.

How did COCOA Market Energy change from the previous candle?

Market Energy fell 47.1 percentage points from the previous candle — from 36.9% to -10.2%. This drop is larger than 87% of past drops on the Daily timeframe for COCOA.

Do COCOA price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was COCOA in on the previous Daily candle?

The previous Daily candle had COCOA at 36.9%, Bull Bias — when this candle closed, COCOA moved down to a lower zone: Bull Bias → Neutral.

Where does COCOA energy sit within the Neutral zone?

At -10.2%, COCOA is 31.03 points from the upper boundary of Neutral (20.88%) and 10.73 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 Neutral with energy -0.6%; GER40 (European equities) in Neutral with energy -11.4%. Against this backdrop, COCOA (Neutral, -10.2%) sits in the same state zone as 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 Bear Bias with Market Energy -57.8%. COCOA energy is currently above DXY by 47.6 points.

Real-time Energy Chart

See the real-time energy chart for COCOA.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for COCOA on the COCOA overview →

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