Analysis

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Candle close
Price and energy
COCOA from 5,668.75 to 5,651.75, down 0.30%
Market Energy Bull Extreme 85.6% to Bull Extreme 75.9%, down 9.7 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 4.76%▲ 6.56%▲ 3.71%▼ 0.30%
Energy▼ 20.7▲ 54.6▲ 129.9▼ 9.7
Volatility trend chart · last 4 sessions
▼ 4.76%▲ 6.56%▲ 3.71%▼ 0.30%▼ 20.7▲ 54.6▲ 129.9▼ 9.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.30% — higher than 9% of past drops
0%255075100%
Energy down 9.7 pts — higher than 37% of past drops
RESEARCH

Trend of Bull Extreme COCOA 4H

Sample: 99 4H candles from 2026-07-23 to 2026-10-02
Number of Bull Extreme occurrences: 4 times

▸When COCOA is in Bull Extreme:

  • then COCOA moved to higher Market State: 0 times — 0%
  • then COCOA moved to lower Market State: 4 times — 100%

▸Current COCOA market energy: 75.92%

  • Distance to peak 100%: 24.08%
  • Distance to lower bound of Bull Extreme (at 74.5%): 1.42%

"A person's history reveals more than you might think" — 2AITRADING

COCOA · H4 · 2026-10-02 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
85.6%
Bull Extreme
75.9%
Bull Extreme
Expected at
04:10
Zone
74.5 – 100
Bias
Buyers in control
Explanation

As the 4H candle closes, COCOA noted at the peak Bull energy state.

On the 2AiTrading energy system, Market Energy dropped -9.7% from the previous candle, from 85.6% to 75.9%.

Time in Bull Extreme energy zone: 2 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 -98.9 to +85.6.

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 02-10-2026 closed, COCOA was at 5,651.75, down 0.3% from the previous candle (5,668.75). Market Energy was 75.9%, down 9.7 points from 85.6%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

COCOA closed at 5,651.75, down 0.3% from the previous 4H candle (5,668.75). This drop is larger than 9% of past drops on the 4H timeframe for COCOA, across 99 candles since 2019.

How did COCOA Market Energy change from the previous candle?

Market Energy fell 9.7 percentage points from the previous candle — from 85.6% to 75.9%. This drop is larger than 37% 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 85.6%, Bull Extreme — this candle kept the same state, no zone change.

Where does COCOA energy sit within the Bull Extreme zone?

At 75.9%, COCOA is 24.08 points from the upper boundary of Bull Extreme (100%) and 1.42 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bull Extreme mean?

Bull 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 Bull 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 Extreme with energy 85%; GER40 (European equities) in Bull Extreme with energy 78.8%. Against this backdrop, COCOA (Bull Extreme, 75.9%) 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 Extreme with Market Energy -91.3%. COCOA (Bull Extreme) and DXY currently sit on opposite sides.

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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