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Trend of Bull Bias COTTON Weekly
▸When COTTON is in Bull Bias:
- then COTTON moved to higher Market State: 19 times — 33.9%
- then COTTON moved to lower Market State: 37 times — 66.1%
▸Current COTTON market energy: 38.85%
- Distance to upper bound of Bull Bias (at 60%): 21.15%
- Distance to lower bound of Bull Bias (at 20.88%): 17.97%
"History always repeats itself, one way or another" — 2AITRADING
The energy state tilted toward Bull is the result just recorded for COTTON after the Weekly candle closed.
On the measurement side, Market Energy rose +3.8% from the previous candle, from 35.1% to 38.8%.
Time in Bull Bias energy zone: 2 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was COTTON on Weekly when this candle closed?
When the Weekly candle at 07:00 on 24-04-2017 closed, COTTON was in Bull Bias with Market Energy 38.8%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did COTTON Market Energy change from the previous candle?
Market Energy rose 3.8 percentage points from the previous candle — from 35.1% to 38.8%.
What state was COTTON in on the previous Weekly candle?
The previous Weekly candle had COTTON at 35.1%, Bull Bias — this candle kept the same state, no zone change.
Where does COTTON energy sit within the Bull Bias zone?
At 38.8%, COTTON is 21.15 points from the upper boundary of Bull Bias (60%) and 17.97 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 Extreme with energy 94.6%; GER40 (European equities) in Bull Bias with energy 33%. Against this backdrop, COTTON (Bull Bias, 38.8%) lower than SPX500; sits in the same state zone as 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 Bear Bias with Market Energy -25%. COTTON (Bull Bias) and DXY currently sit on opposite sides.
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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