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| Price | ▲ 0.20% | ▼ 0.26% | ▲ 0.34% | ▲ 0.29% |
| Energy | ▲ 18.1 | ▼ 14.4 | ▲ 7.8 | ▲ 8.7 |
Trend of Bull Bias COTTON 1H
▸When COTTON is in Bull Bias:
- then COTTON moved to higher Market State: 995 times — 32%
- then COTTON moved to lower Market State: 2,115 times — 68%
▸Current COTTON market energy: 21.7%
- Distance to upper bound of Bull Bias (at 60%): 38.3%
- Distance to lower bound of Bull Bias (at 20.88%): 0.82%
"Does history really repeat itself?" — 2AITRADING
The Bull Bias zone is the result just recorded for COTTON after the 1H candle closed.
Observing the COTTON market this session, Market Energy rose +8.7% this candle, currently 21.7% (previous candle 13%).
Time in Bull Bias 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 -98.6 to +96.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COTTON price and energy show when this 1H candle closed?
When the 1H candle at 08:00 on 13-03-2024 closed, COTTON was at 0.95427, up 0.29% from the previous candle (0.95149). Market Energy was 21.7%, up 8.7 points from 13%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did COTTON price move on this 1H candle, and how large is that historically?
COTTON closed at 0.95427, up 0.29% from the previous 1H candle (0.95149). This rise is larger than 69% of past rises on the 1H timeframe for COTTON, across 23,157 candles since 2019.
How did COTTON Market Energy change from the previous candle?
Market Energy rose 8.7 percentage points from the previous candle — from 13% to 21.7%. This rise is larger than 56% of past rises on the 1H timeframe for COTTON.
Do COTTON price and energy agree?
Yes. Both price and energy moved up 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 13%, Neutral — when this candle closed, COTTON moved up to a higher zone: Neutral → Bull Bias.
Where does COTTON energy sit within the Bull Bias zone?
At 21.7%, COTTON is 38.3 points from the upper boundary of Bull Bias (60%) and 0.82 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 Bull Critical with energy 71.6%; GER40 (European equities) in Bull Extreme with energy 83.8%. Against this backdrop, COTTON (Bull Bias, 21.7%) 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 Neutral with Market Energy 20.1%. COTTON energy is currently above DXY by 1.6 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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