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| Price | ▲ 0.71% | ▼ 0.15% | ▼ 1.53% | ▼ 1.94% |
| Energy | ▲ 1.1 | ▲ 3.7 | ▼ 8.1 | ▼ 11.2 |
Trend of Bear Extreme COTTON Daily
▸When COTTON is in Bear Extreme:
- then COTTON moved to higher Market State: 51 times — 100%
- then COTTON moved to lower Market State: 0 times — 0%
▸Current COTTON market energy: -86.72%
- Distance to upper bound of Bear Extreme (at -74.5%): 12.22%
- Distance to bottom -100%: 13.28%
"Why does archaeology matter?" — 2AITRADING
Measurement result after the Daily candle closes, Market Energy of COTTON indicates the Bear Extreme reading.
On trend energy, Market Energy dropped -11.2% from the previous candle, from -75.5% to -86.7%.
Time in Bear Extreme 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 -86.7 to -67.4.
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 07-11-2023 closed, COTTON was at 0.78976, down 1.94% from the previous candle (0.8054). Market Energy was -86.7%, down 11.2 points from -75.5%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did COTTON price move on this Daily candle, and how large is that historically?
COTTON closed at 0.78976, down 1.94% from the previous Daily candle (0.8054). This drop is larger than 77% of past drops on the Daily timeframe for COTTON, across 1,221 candles since 2019.
How did COTTON Market Energy change from the previous candle?
Market Energy fell 11.2 percentage points from the previous candle — from -75.5% to -86.7%. This drop is larger than 52% of past drops on the Daily timeframe for COTTON.
Do COTTON price and energy agree?
Yes. Both price and energy moved down 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 -75.5%, Bear Extreme — this candle kept the same state, no zone change.
Where does COTTON energy sit within the Bear Extreme zone?
At -86.7%, COTTON is 12.22 points from the upper boundary of Bear Extreme (-74.5%) and 13.28 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 Bull Bias with energy 44.8%; GER40 (European equities) in Neutral with energy -8.6%. Against this backdrop, COTTON (Bear Extreme, -86.7%) 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 Bull Extreme with Market Energy 74.9%. COTTON (Bear Extreme) 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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