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Trend of Neutral COTTON Daily
▸When COTTON is in Neutral:
- then COTTON moved to higher Market State: 190 times — 48.6%
- then COTTON moved to lower Market State: 201 times — 51.4%
▸Current COTTON market energy: 16.98%
- Distance to upper bound of Neutral (at 20.88%): 3.9%
- Distance to lower bound of Neutral (at -20.88%): 37.86%
"A person's history reveals more than you might think" — 2AITRADING
Right as the Daily candle closes, COTTON recorded in the balanced energy zone.
Looking at the Market Energy reading, Market Energy at 17%, up +31.3% from -14.3% in the previous candle.
Time in Neutral energy zone: 4 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 -14.3 to +20.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was COTTON on Daily when this candle closed?
When the Daily candle at 07:00 on 06-04-2023 closed, COTTON was in Neutral with Market Energy 17%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did COTTON Market Energy change from the previous candle?
Market Energy rose 31.3 percentage points from the previous candle — from -14.3% to 17%.
What state was COTTON in on the previous Daily candle?
The previous Daily candle had COTTON at -14.3%, Neutral — this candle kept the same state, no zone change.
Where does COTTON energy sit within the Neutral zone?
At 17%, COTTON is 3.9 points from the upper boundary of Neutral (20.88%) and 37.86 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 -29.7%; GER40 (European equities) in Bear Bias with energy -25.3%. Against this backdrop, COTTON (Neutral, 17%) 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 Bull Critical with Market Energy 62.3%. COTTON energy is currently below DXY by 45.3 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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