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Trend of Neutral COTTON 1H
▸When COTTON is in Neutral:
- then COTTON moved to higher Market State: 1,971 times — 49.9%
- then COTTON moved to lower Market State: 1,976 times — 50.1%
▸Current COTTON market energy: 5.5%
- Distance to upper bound of Neutral (at 20.88%): 15.38%
- Distance to lower bound of Neutral (at -20.88%): 26.38%
"To truly understand anything, study its history" — 2AITRADING
COTTON recorded in trend energy in a balanced state as the 1H candle ended.
Per the 2AiTrading energy measurement system, Market Energy reading dropped -49.3%, moving from 54.8% to 5.5% after the 1H candle.
Time in Neutral energy zone: 1 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 -81.6 to +91.9.
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 20:00 on 27-09-2023 closed, COTTON was in Neutral with Market Energy 5.5%, 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 fell 49.3 percentage points from the previous candle — from 54.8% to 5.5%.
What state was COTTON in on the previous 1H candle?
The previous 1H candle had COTTON at 54.8%, 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 5.5%, COTTON is 15.38 points from the upper boundary of Neutral (20.88%) and 26.38 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 Neutral with energy -10.3%; GER40 (European equities) in Neutral with energy 20.3%. Against this backdrop, COTTON (Neutral, 5.5%) 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 Bull Critical with Market Energy 64.9%. COTTON energy is currently below DXY by 59.4 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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