Analysis

·

Candle close
Price and energy
COTTON from 0.65238 to 0.65104, down 0.21%
Market Energy Bull Bias 34.8% to Neutral 20.6%, down 14.1 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.95%▼ 0.22%▲ 0.17%▼ 0.21%
Energy▲ 89.0▼ 6.5▲ 2.3▼ 14.1
Volatility trend chart · last 4 sessions
▲ 0.95%▼ 0.22%▲ 0.17%▼ 0.21%▲ 89.0▼ 6.5▲ 2.3▼ 14.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.21% — higher than 59% of past drops
0%255075100%
Energy down 14.1 pts — higher than 69% of past drops
RESEARCH

Trend of Neutral COTTON 1H

Sample: 43,050 1H candles from 2013-01-03 to 2026-10-09
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: 20.65%

  • Distance to upper bound of Neutral (at 20.88%): 0.23%
  • Distance to lower bound of Neutral (at -20.88%): 41.53%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

COTTON · H1 · 2026-01-05 05:00 UTC
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Market Energy
34.8%
Bull Bias
20.6%
Neutral
10.2%
Neutral
Zone
-20.88 – 20.88
Bias
Buyers in control
Explanation

Right as the 1H candle closes, COTTON noted at Neutral.

At the 1H session close, Compared to the previous candle (34.8%), Market Energy dropped -14.1% to 20.6%.

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 -80.6 to +49.4.

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 12:00 on 05-01-2026 closed, COTTON was at 0.65104, down 0.21% from the previous candle (0.65238). Market Energy was 20.6%, down 14.1 points from 34.8%, 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 0.65104, down 0.21% from the previous 1H candle (0.65238). This drop is larger than 59% of past drops on the 1H timeframe for COTTON, across 31,251 candles since 2019.

How did COTTON Market Energy change from the previous candle?

Market Energy fell 14.1 percentage points from the previous candle — from 34.8% to 20.6%. This drop is larger than 69% of past drops on the 1H timeframe for COTTON.

Do COTTON price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes the candle that just closed; it does not say where price goes next.

What state was COTTON in on the previous 1H candle?

The previous 1H candle had COTTON at 34.8%, 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 20.6%, COTTON is 0.23 points from the upper boundary of Neutral (20.88%) and 41.53 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 Bias with energy -23.2%; GER40 (European equities) in Bull Extreme with energy 83.7%. Against this backdrop, COTTON (Neutral, 20.6%) has higher energy than SPX500; lower than 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 85.7%. COTTON energy is currently below DXY by 65 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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