Analysis

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Price and energy
COCOA from 5,904.4 to 6,029.2, up 2.11%
Market Energy Bear Bias -21.1% to Neutral -11.6%, up 9.4 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.06%0.26%2.88%2.11%
Energy11.410.515.19.4
Volatility trend chart · last 4 sessions
0.06% 0.26% 2.88% 2.11% 11.4 10.5 15.1 9.4
priceenergy up · down
Volatility · vs history since 2019
Price up 2.11% — higher than 73% of past rises
0%255075100%
Energy up 9.4 pts — higher than 46% of past rises
RESEARCH

Trend of Neutral COCOA 4H

Sample: 74 4H candles from 2026-07-23 to 2026-09-15
Number of Neutral occurrences: 6 times

When COCOA is in Neutral:

  • then COCOA moved to higher Market State: 1 times16.7%
  • then COCOA moved to lower Market State: 5 times83.3%

Current COCOA market energy: -11.62%

  • Distance to upper bound of Neutral (at 20.88%): 32.5%
  • Distance to lower bound of Neutral (at -20.88%): 9.26%

"Let data guide you, but never trust it completely" — 2AITRADING

COCOA · H4 · 2026-09-16 09:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-21.1%
Bear Bias
-11.6%
Neutral
Expected at
00:10
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Right as the 4H candle closes, COCOA noted at the balanced Market Energy zone.

Market trend energy Market Energy rose +9.4% from the previous session, from -21.1% to -11.6%.

Time in Neutral energy zone: 1 4H 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 -39.7 to +2.9.

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 4H candle closed?

When the 4H candle at 16:00 on 16-09-2026 closed, COCOA was at 6,029.2, up 2.11% from the previous candle (5,904.4). Market Energy was -11.6%, up 9.4 points from -21.1%, 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 4H candle, and how large is that historically?

COCOA closed at 6,029.2, up 2.11% from the previous 4H candle (5,904.4). This rise is larger than 73% of past rises on the 4H timeframe for COCOA, across 74 candles since 2019.

How did COCOA Market Energy change from the previous candle?

Market Energy rose 9.4 percentage points from the previous candle — from -21.1% to -11.6%. This rise is larger than 46% of past rises on the 4H timeframe for COCOA.

Do COCOA price and energy agree?

Yes. On this candle price rose and energy rose — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

What state was COCOA in on the previous 4H candle?

The previous 4H candle had COCOA at -21.1%, Bear Bias — when this candle closed, COCOA moved up to a higher zone: Bear Bias → Neutral.

Where does COCOA energy sit within the Neutral zone?

At -11.6%, COCOA is 32.5 points from the upper boundary of Neutral (20.88%) and 9.26 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 Bull Bias with energy 43.3%; GER40 (European equities) in Neutral with energy -9.3%. Against this backdrop, COCOA (Neutral, -11.6%) lower than SPX500; sits in the same state zone as 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 Critical with Market Energy 73.5%. COCOA energy is currently below DXY by 85.1 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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