Analysis

·

Candle close
Price and energy
COTTON from 0.6468 to 0.648, up 0.19%
Market Energy Bull Bias 21.2% to Neutral 16.0%, down 5.1 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▲ 0.02%▲ 0.21%▼ 0.92%▲ 0.19%
Energy▲ 2.3▲ 4.3▼ 41.5▼ 5.1
Volatility trend chart · last 4 sessions
▲ 0.02%▲ 0.21%▼ 0.92%▲ 0.19%▲ 2.3▲ 4.3▼ 41.5▼ 5.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.19% — higher than 58% of past rises
0%255075100%
Energy down 5.1 pts — higher than 44% of past drops
RESEARCH

Trend of Neutral COTTON 1H

Sample: 43,032 1H candles from 2013-01-03 to 2026-10-08
Number of Neutral occurrences: 3,996 times

▸When COTTON is in Neutral:

  • then COTTON moved to higher Market State: 1,987 times — 49.7%
  • then COTTON moved to lower Market State: 2,009 times — 50.3%

▸Current COTTON market energy: 16.04%

  • Distance to upper bound of Neutral (at 20.88%): 4.84%
  • Distance to lower bound of Neutral (at -20.88%): 36.92%

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

COTTON · H1 · 2020-08-20 02:00 UTC
Preview the last 30 candles — price and energy
View live COTTON chart →
Market Energy
21.2%
Bull Bias
16.0%
Neutral
18.2%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

From the just-closed 1H candle data, COTTON classified as the balanced energy zone.

Market energy measurement Market Energy dropped -5.1% from the previous session, from 21.2% to 16%.

Time in Neutral energy zone: 1 1H 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 -88.3 to +69.8.

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 1H candle closed?

When the 1H candle at 09:00 on 20-08-2020 closed, COTTON was at 0.648, up 0.19% from the previous candle (0.6468). Market Energy was 16%, down 5.1 points from 21.2%, 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 1H candle, and how large is that historically?

COTTON closed at 0.648, up 0.19% from the previous 1H candle (0.6468). This rise is larger than 58% of past rises on the 1H timeframe for COTTON, across 7,259 candles since 2019.

How did COTTON Market Energy change from the previous candle?

Market Energy fell 5.1 percentage points from the previous candle — from 21.2% to 16%. This drop is larger than 44% of past drops on the 1H timeframe for COTTON.

Do COTTON price and energy agree?

No. Price moved up while 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 1H candle?

The previous 1H candle had COTTON at 21.2%, 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 16%, COTTON is 4.84 points from the upper boundary of Neutral (20.88%) and 36.92 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 Extreme with energy -94.6%; GER40 (European equities) in Bear Extreme with energy -91.7%. Against this backdrop, COTTON (Neutral, 16%) 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 67.9%. COTTON energy is currently below DXY by 51.9 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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