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| Price | ▲ 0.20% | ▲ 0.11% | ▲ 0.08% | ▼ 0.14% |
| Energy | ▲ 12.2 | ▲ 4.5 | ▲ 3.3 | ▼ 8.2 |
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: 2,116 times — 68%
▸Current COTTON market energy: 58.32%
- Distance to upper bound of Bull Bias (at 60%): 1.68%
- Distance to lower bound of Bull Bias (at 20.88%): 37.44%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
After the 1H candle closes, COTTON within the Bull Bias state.
Looking at the energy level, Energy delta -8.2%: Market Energy at 58.3%, previously 66.5%.
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 -57.9 to +77.1.
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 00:00 on 24-10-2024 closed, COTTON was at 0.74241, down 0.14% from the previous candle (0.74346). Market Energy was 58.3%, down 8.2 points from 66.5%, 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 0.74241, down 0.14% from the previous 1H candle (0.74346). This drop is larger than 43% of past drops on the 1H timeframe for COTTON, across 25,946 candles since 2019.
How did COTTON Market Energy change from the previous candle?
Market Energy fell 8.2 percentage points from the previous candle — from 66.5% to 58.3%. This drop is larger than 53% of past drops on the 1H 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 1H candle?
The previous 1H candle had COTTON at 66.5%, Bull Critical — when this candle closed, COTTON moved down to a lower zone: Bull Critical → Bull Bias.
Where does COTTON energy sit within the Bull Bias zone?
At 58.3%, COTTON is 1.68 points from the upper boundary of Bull Bias (60%) and 37.44 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Extreme with energy -99%; GER40 (European equities) in Bear Bias with energy -49.4%. Against this backdrop, COTTON (Bull Bias, 58.3%) 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 60.6%. 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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