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COTTON is currently controlled by buyers, in the Bull Bias zone. Measured energy: +31.1%.
See the full 2AiTrading Model data for COTTON on the COTTON overview →
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UP–DOWN statistics for Bull Bias COTTON 1H
▸When COTTON is in Bull Bias:
- then COTTON moved to higher Market State: 986 times — 32.1%
- then COTTON moved to lower Market State: 2,088 times — 67.9%
▸Current COTTON market energy: 31.13%
- Distance to upper bound of Bull Bias (at 60%): 28.87%
- Distance to lower bound of Bull Bias (at 20.88%): 10.25%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
As the 1H candle completes, COTTON within energy leaning Bull.
On the energy side, A -6.9% change from the previous candle, Market Energy is now 31.1% (previous: 38.1%).
Time in Bull Bias energy zone: 3 1H 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 -88.3 to +83.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was COTTON on 1H when this candle closed?
When the 1H candle at 16:00 on 21-08-2020 closed, COTTON was in Bull Bias with Market Energy 31.1%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did COTTON Market Energy change from the previous candle?
Market Energy fell 6.9 percentage points from the previous candle — from 38.1% to 31.1%.
What state was COTTON in on the previous 1H candle?
The previous 1H candle had COTTON at 38.1%, Bull Bias — this candle kept the same state, no zone change.
Where does COTTON energy sit within the Bull Bias zone?
At 31.1%, COTTON is 28.87 points from the upper boundary of Bull Bias (60%) and 10.25 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 Bear Bias with energy -37.6%; GER40 (European equities) in Neutral with energy 17.1%. Against this backdrop, COTTON (Bull Bias, 31.1%) 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 Extreme with Market Energy 95.5%. COTTON (Bull Bias) and DXY currently sit on the same Bull side.
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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