Analysis

COCOA 5,678.35 ↓1.36%: Bears in the peak-force zone · 4H 20:00 Oct 19, 2026

·
Candle close
Price and energy
Open 5,694.85 · High 5,779.35 · Low 5,676.85 · Close 5,678.35 · Range (high − low) 102.5
COCOA closed at 5,678.35, down 78.5 (-1.36%) from 5,756.85.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -38.8% to Bear Extreme at -80.6%, down 41.8 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price5,839.75,886.45,756.95,678.4
Energy-28.9%-24.4%-38.8%-80.6%
Price change↓ 1.77%↑ 0.80%↓ 2.20%↓ 1.36%
Energy change↓ 48.9↑ 4.6↓ 14.4↓ 41.8
Volatility trend chart · last 4 sessions
↓ 1.77%↑ 0.80%↓ 2.20%↓ 1.36%↓ 48.9↑ 4.6↓ 14.4↓ 41.8
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 1.36% — higher than 52% of past drops
0%255075100%
Energy down 41.8 pts — higher than 79% of past drops
Knowledge

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

RESEARCH

Trend of Bear Extreme COCOA 4H

Sample: 121 4H candles from 2026-07-23 to 2026-10-19
Number of Bear Extreme occurrences: 2 times

▸When COCOA is in Bear Extreme:

  • then COCOA moved to higher Market State: 2 times — 100%
  • then COCOA moved to lower Market State: 0 times — 0%

▸Current COCOA market energy: -80.6%

  • Distance to upper bound of Bear Extreme (at -74.5%): 6.1%
  • Distance to bottom -100%: 19.4%

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

COCOA · H4 · 2026-10-19 09:00 UTC
Preview the last 30 candles — price and energy
View live COCOA chart →
Market Energy
-38.8%
Bear Bias
-80.6%
Bear Extreme
-63.8%
Bear Critical
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

The Bear Extreme energy zone determined for COCOA through the 4H candle data.

Per the 2AiTrading energy measurement system, Market Energy dropped -41.8% from the previous candle, from -38.8% to -80.6%.

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 -80.6 to 48.7.

Frequently asked questions

What did COCOA price and energy show when this 4H candle closed?

When the 4H candle closed at 20:00 on 19-10-2026, COCOA was at 5,678.35, down 1.36% from the previous candle (5,756.85). Market Energy was -80.6%, down 41.8 points from -38.8%, 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 5,678.35, down 1.36% from the previous 4H candle (5,756.85). This drop is larger than 52% of past drops on the 4H timeframe for COCOA, across 120 candles since 2019.

How did COCOA Market Energy change from the previous candle?

Market Energy fell 41.8 percentage points from the previous candle — from -38.8% to -80.6%. This drop is larger than 79% 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 the candle that just closed; it does not say where price goes next.

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

The previous 4H candle had COCOA at -38.8%, 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 -80.6%, COCOA is 6.1 points from the upper boundary of Bear Extreme (-74.5%) and 19.4 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 Bear Extreme with energy -90.8%; GER40 (European equities) in Bear Extreme with energy -98.7%. Against this backdrop, COCOA (Bear Extreme, -80.6%) 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 Bull Critical with Market Energy 61.5%. COCOA (Bear 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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