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| Price | ▼ 1.88% | ▲ 2.29% | ▲ 0.78% | ▲ 0.67% |
| Energy | ▼ 1.8 | ▲ 12.9 | ▲ 14.1 | ▲ 18.3 |
Trend of Bear Bias COTTON Daily
▸When COTTON is in Bear Bias:
- then COTTON moved to higher Market State: 203 times — 69.5%
- then COTTON moved to lower Market State: 89 times — 30.5%
▸Current COTTON market energy: -36.55%
- Distance to upper bound of Bear Bias (at -20.88%): 15.67%
- Distance to lower bound of Bear Bias (at -60%): 23.45%
"Let data guide you, but never trust it completely" — 2AITRADING
With the Daily candle just closed, COTTON within Bear Bias.
Meanwhile, Compared to the previous candle (-54.8%), Market Energy rose +18.3% to -36.5%.
Time in Bear Bias energy zone: 2 Daily Candle
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.
Over the past 5 days, COTTON Market Energy ranged from -81.9 to -36.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COTTON price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 12-09-2022 closed, COTTON was at 1.0383, up 0.67% from the previous candle (1.0314). Market Energy was -36.5%, up 18.3 points from -54.8%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did COTTON price move on this Daily candle, and how large is that historically?
COTTON closed at 1.0383, up 0.67% from the previous Daily candle (1.0314). This rise is larger than 41% of past rises on the Daily timeframe for COTTON, across 930 candles since 2019.
How did COTTON Market Energy change from the previous candle?
Market Energy rose 18.3 percentage points from the previous candle — from -54.8% to -36.5%. This rise is larger than 73% of past rises on the Daily timeframe for COTTON.
Do COTTON price and energy agree?
Yes. Both price and energy moved up on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was COTTON in on the previous Daily candle?
The previous Daily candle had COTTON at -54.8%, Bear Bias — this candle kept the same state, no zone change.
Where does COTTON energy sit within the Bear Bias zone?
At -36.5%, COTTON is 15.67 points from the upper boundary of Bear Bias (-20.88%) and 23.45 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear Bias 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 Bias 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 59.9%; GER40 (European equities) in Bull Extreme with energy 91.4%. Against this backdrop, COTTON (Bear Bias, -36.5%) 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 Neutral with Market Energy 16.7%. COTTON energy is currently below DXY by 53.2 points.
See the real-time energy chart for COTTON.
Open Energy ChartSee the full 2AiTrading Model data for COTTON on the COTTON overview →
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