Analysis

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Price and energy
COCOA from 5,886.95 to 5,709.95, down 3.01%
Market Energy Bear Bias -37.9% to Bear Extreme -85.1%, down 47.2 pts
Down candle #3 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price2.11%0.50%1.87%3.01%
Energy9.40.827.147.2
Volatility trend chart · last 4 sessions
2.11% 0.50% 1.87% 3.01% 9.4 0.8 27.1 47.2
priceenergy up · down
Volatility · vs history since 2019
Price down 3.01% — higher than 80% of past drops
0%255075100%
Energy down 47.2 pts — higher than 85% of past drops
RESEARCH

Trend of Bear Extreme COCOA 4H

Sample: 78 4H candles from 2026-07-23 to 2026-09-17
Number of Bear Extreme occurrences: 0 times

When COCOA is in Bear Extreme:

  • then COCOA moved to higher Market State: 0 times0%
  • then COCOA moved to lower Market State: 0 times0%

Current COCOA market energy: -85.06%

  • Distance to upper bound of Bear Extreme (at -74.5%): 10.56%
  • Distance to bottom -100%: 14.94%

"History always repeats itself, one way or another" — 2AITRADING

COCOA · H4 · 2026-09-17 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-37.9%
Bear Bias
-85.1%
Bear Extreme
Expected at
04:10
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

COCOA recorded in Bear Extreme as the 4H candle ended.

On the energy side, Energy delta -47.2%: Market Energy at -85.1%, previously -37.9%.

Time in Bear Extreme 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 -85.1 to -5.9.

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 20:00 on 17-09-2026 closed, COCOA was at 5,709.95, down 3.01% from the previous candle (5,886.95). Market Energy was -85.1%, down 47.2 points from -37.9%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

How much did COCOA price move on this 4H candle, and how large is that historically?

COCOA closed at 5,709.95, down 3.01% from the previous 4H candle (5,886.95). This drop is larger than 80% of past drops on the 4H timeframe for COCOA, across 77 candles since 2019.

How did COCOA Market Energy change from the previous candle?

Market Energy fell 47.2 percentage points from the previous candle — from -37.9% to -85.1%. This drop is larger than 85% of past drops on the 4H 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 4H candle?

The previous 4H candle had COCOA at -37.9%, Bear Bias — when this candle closed, COCOA moved down to a lower zone: Bear Bias → Bear Extreme.

Where does COCOA energy sit within the Bear Extreme zone?

At -85.1%, COCOA is 10.56 points from the upper boundary of Bear Extreme (-74.5%) and 14.94 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.

What does Bear Extreme mean?

Bear 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 Bear 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 Critical with energy 67.7%; GER40 (European equities) in Bull Bias with energy 53.9%. Against this backdrop, COCOA (Bear Extreme, -85.1%) 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 Bear Bias with Market Energy -59.8%. COCOA (Bear Extreme) and DXY currently sit on the same Bear side.

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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