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| Price | ▼ 1.43% | ▼ 0.02% | ▲ 1.73% | ▼ 3.04% |
| Energy | ▼ 14.1 | ▼ 5.3 | ▲ 3.7 | ▼ 23.6 |
Trend of Bull Bias COTTON Daily
▸When COTTON is in Bull Bias:
- then COTTON moved to higher Market State: 96 times — 34.3%
- then COTTON moved to lower Market State: 184 times — 65.7%
▸Current COTTON market energy: 37.22%
- Distance to upper bound of Bull Bias (at 60%): 22.78%
- Distance to lower bound of Bull Bias (at 20.88%): 16.34%
"Why does archaeology matter?" — 2AITRADING
Reading from the Daily candle, COTTON noted at Bull Bias.
Per the 2AiTrading energy measurement system, A -23.6% change from the previous candle, Market Energy is now 37.2% (previous: 60.8%).
Time in Bull Bias energy zone: 1 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 +37.2 to +62.4.
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 14-11-2022 closed, COTTON was at 0.8364, down 3.04% from the previous candle (0.8626). Market Energy was 37.2%, down 23.6 points from 60.8%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did COTTON price move on this Daily candle, and how large is that historically?
COTTON closed at 0.8364, down 3.04% from the previous Daily candle (0.8626). This drop is larger than 88% of past drops on the Daily timeframe for COTTON, across 975 candles since 2019.
How did COTTON Market Energy change from the previous candle?
Market Energy fell 23.6 percentage points from the previous candle — from 60.8% to 37.2%. This drop is larger than 82% 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 60.8%, Bull Critical — when this candle closed, COTTON moved down to a lower zone: Bull Critical → Bull Bias.
Where does COTTON energy sit within the Bull Bias zone?
At 37.2%, COTTON is 22.78 points from the upper boundary of Bull Bias (60%) and 16.34 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 43.4%; GER40 (European equities) in Bull Bias with energy 51.1%. Against this backdrop, COTTON (Bull Bias, 37.2%) 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 Critical with Market Energy -63.5%. COTTON (Bull Bias) and DXY currently sit on opposite sides.
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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