Analysis

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Candle open
Price and energy
COTTON from 0.64865 to 0.6451, down 0.55%
Market Energy Bull Bias 25.1% to Neutral 9.5%, down 15.6 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.84%▲ 1.46%▼ 0.03%▼ 0.55%
Energy▼ 6.3▲ 17.0▲ 9.7▼ 15.6
Volatility trend chart · last 4 sessions
▼ 0.84%▲ 1.46%▼ 0.03%▼ 0.55%▼ 6.3▲ 17.0▲ 9.7▼ 15.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.55% — higher than 30% of past drops
0%255075100%
Energy down 15.6 pts — higher than 70% of past drops
RESEARCH

Trend of Neutral COTTON Daily

Sample: 3,419 Daily candles from 2013-01-03 to 2026-10-07
Number of Neutral occurrences: 394 times

▸When COTTON is in Neutral:

  • then COTTON moved to higher Market State: 191 times — 48.5%
  • then COTTON moved to lower Market State: 203 times — 51.5%

▸Current COTTON market energy: 9.48%

  • Distance to upper bound of Neutral (at 20.88%): 11.4%
  • Distance to lower bound of Neutral (at -20.88%): 30.36%

"To truly understand anything, study its history" — 2AITRADING

COTTON · D1 · 2020-07-22 00:00 UTC
Preview the last 30 candles — price and energy
View live COTTON chart →
Market Energy
25.1%
Bull Bias
9.5%
Neutral
-19.1%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the Daily candle completes, COTTON within the Neutral state.

Meanwhile, Energy delta -15.6%: Market Energy at 9.5%, previously 25.1%.

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, COTTON Market Energy ranged from -1.7 to +25.1.

Knowledge

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

Frequently asked questions

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

When the Daily candle at 07:00 on 22-07-2020 closed, COTTON was at 0.6451, down 0.55% from the previous candle (0.64865). Market Energy was 9.5%, down 15.6 points from 25.1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

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

COTTON closed at 0.6451, down 0.55% from the previous Daily candle (0.64865). This drop is larger than 30% of past drops on the Daily timeframe for COTTON, across 390 candles since 2019.

How did COTTON Market Energy change from the previous candle?

Market Energy fell 15.6 percentage points from the previous candle — from 25.1% to 9.5%. This drop is larger than 70% of past drops on the Daily timeframe for COTTON.

Do COTTON 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 COTTON in on the previous Daily candle?

The previous Daily candle had COTTON at 25.1%, Bull Bias — when this candle closed, COTTON moved down to a lower zone: Bull Bias → Neutral.

Where does COTTON energy sit within the Neutral zone?

At 9.5%, COTTON is 11.4 points from the upper boundary of Neutral (20.88%) and 30.36 points from the lower boundary (-20.88%) — so energy sits closer to the upper 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 Bear Bias with energy -36.3%; GER40 (European equities) in Bear Critical with energy -69.6%. Against this backdrop, COTTON (Neutral, 9.5%) has higher energy 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 Extreme with Market Energy -79.9%. COTTON energy is currently above DXY by 89.4 points.

Real-time Energy Chart

See the real-time energy chart for COTTON.

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 COTTON on the COTTON overview →

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